Nasdaq Dips Over 300 Points Amid Geopolitical Tensions: Investor Sentiment Declines, Greed Index Moves To 'Fear' Zone
Benzinga·2026-02-04 07:25

Market Sentiment - The CNN Money Fear and Greed index declined to 41.3, entering the "Fear" zone from a previous reading of 49.9, indicating a shift in market sentiment [4] - U.S. stocks settled lower, with the Nasdaq Composite falling more than 300 points due to resurfacing geopolitical tensions in the Middle East [1] Stock Performance - Most tech stocks closed in the red, with Microsoft Corp. and Meta Platforms Inc. both falling more than 2%, while Apple Inc. also saw a marginal decline [2] - The Dow Jones closed lower by approximately 167 points at 49,240.99, the S&P 500 fell 0.84% to 6,917.81, and the Nasdaq Composite dipped 1.43% to 23,255.19 during the session [3] Sector Performance - Most sectors on the S&P 500 ended negatively, with information technology, communication services, and health care stocks experiencing the largest losses [3] - Conversely, materials and energy stocks bucked the trend, closing higher [3] Economic Data - The Logistics Manager's Index surged to 59.6 in January, marking the highest level in seven months, compared to 54.2 in December [2]

Nasdaq Dips Over 300 Points Amid Geopolitical Tensions: Investor Sentiment Declines, Greed Index Moves To 'Fear' Zone - Reportify