Dow Dips Over 200 Points: Investor Fear Increases, Greed Index Moves To 'Fear' Zone

Market Overview - The CNN Money Fear and Greed index increased to 44.2, indicating a shift to the "Fear" zone from a previous reading of 48.5 [5] - U.S. stocks showed mixed results, with the Dow Jones falling over 200 points, while the S&P 500 and Nasdaq recorded gains of 2.3% and 4.7% respectively in October [1][3] Sector Performance - Most sectors in the S&P 500 closed negatively, with consumer staples, materials, and financial stocks experiencing the largest losses [3] - Consumer discretionary and information technology sectors performed well, closing higher despite the overall market trend [3] Notable Company Movements - Nvidia Corp. saw a 2.2% increase, reinforcing its market dominance [2] - Amazon.com Inc. continued its post-earnings rally, climbing an additional 4% after a previous 9.6% increase, marking its strongest two-day performance since November 2022 [2] Economic Indicators - The ISM manufacturing PMI decreased to 48.7 in October from 49.1 in the previous month, falling short of market expectations of 49.5 [2] Upcoming Earnings - Investors are anticipating earnings results from Williams Companies Inc., Goodyear Tire & Rubber Co, and ON Semiconductor Corp. [4]