The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Neutral” zone on Thursday.
U.S. stocks settled lower on Thursday, with the Dow Jones index falling more than 150 points during the session as investors continued to adopt a risk-off stance ahead of Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual Jackson Hole Symposium on Friday.
Shares of Walmart Inc. (NYSE:WMT) fell 4.5% on Thursday after the company reported mixed second-quarter results and raised its annual outlook. Shares of Coty Inc. (NYSE:COTY) dipped around 22% following a fourth-quarter adjusted EPS miss.
On the economic data front, U.S. initial jobless claims rose by …