Nasdaq Tumbles Over 1% Ahead Of Nvidia Earnings: Fear & Greed Index In 'Extreme Fear' Zone

Market Sentiment - The CNN Money Fear and Greed index increased to a reading of 11.3, remaining in the "Extreme Fear" zone, down from a previous reading of 12.7 [5][6] - U.S. stocks closed lower, with the Dow Jones dropping approximately 499 points to 46,091.74, the S&P 500 falling 0.83% to 6,617.32, and the Nasdaq Composite declining 1.21% to 22,432.85 [4] Company Performance - Medtronic Plc reported strong second-quarter 2026 results, indicating positive performance in its financials [2] - Home Depot Inc. reported worse-than-expected third-quarter adjusted earnings and lowered its FY25 adjusted EPS outlook, reflecting challenges in its business [2] Economic Indicators - U.S. initial jobless claims were reported at 232,000 for the week ending October 18, with private employers announcing an average of 2,500 job cuts per week in the four weeks ending November 1, compared to an 11.25K fall in the previous period [3]