Nasdaq Dips 2% Amid Tech Selloff: Investor Sentiment Declines, Greed Index Moves To 'Fear' Zone - Advance Auto Parts (NYSE:AAP)

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday.U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling 2% during the session.On the economic data front, U.S. initial jobless claims fell by 5,000 from the previous week to 227,000 in the first week of February, compared to market estimates of 222,000.Most sectors on the S&P 500 closed on a negative note, with information technology, energy and fin ...