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US Stocks Fall For Third Day; Investor Sentiment Declines, But Fear & Greed Index Remains In 'Greed' Zone - Inventiva (NASDAQ:IVA), Accenture (NYSE:ACN)
Benzingaยท 2025-09-26 10:15
Market Sentiment - The CNN Money Fear and Greed index showed a decline in overall market sentiment, remaining in the "Greed" zone with a current reading of 52.2, down from 55.3 [1][5] - U.S. stocks settled lower, with the Nasdaq Composite falling more than 100 points and the S&P 500 declining for the third consecutive session [1][4] Company Performance - Accenture (NYSE: ACN) reported better-than-expected fourth-quarter 2025 results [2] - CarMax, Inc. (NYSE: KMX) shares dipped 20% after reporting second-quarter EPS and sales below estimates [2] Economic Indicators - U.S. durable goods orders increased by 2.9% month-over-month to $312.1 billion in August, contrasting with a revised 2.7% decline in July and exceeding market estimates of a 0.5% fall [3] - The U.S. trade deficit in goods decreased by $17.3 billion month-over-month to $85.5 billion in August, compared to market estimates of $95.65 billion [3] - Initial jobless claims fell by 14,000 to 218,000 in the third week of September, against market estimates of 235,000 [3] - The U.S. economy grew at an annualized rate of 3.8% in the second quarter, up from 3.3% in the second estimate [3] Sector Performance - Most sectors on the S&P 500 closed negatively, with materials, health care, and consumer discretionary stocks experiencing the largest losses [4] - Energy and information technology stocks closed higher, bucking the overall market trend [4]