Nasdaq Settles Lower Amid Decline In Mega-Caps: Investor Fear Increases, Greed Index Remains In 'Fear' Zone - Microsoft (NASDAQ:MSFT)
The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Fear” zone on Thursday.U.S. stocks settled lower on Thursday, with the Nasdaq Composite dipping more than 350 points during the session, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell the day before.The central bank, on Wednesday, lowered rates by 25 basis points to 3.75%-4.00% for the second straight meeting. Fed Chair ...