The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Fear” zone on Thursday.
U.S. stocks settled lower on Thursday, with the Dow Jones index falling almost 800 points during the session.
West Texas Intermediate crude surged to its highest level since January 2025, compounding inflation fears and driving Treasury yields sharply higher. Hundreds of vessels remained anchored in the Persian Gulf as the U.S. Navy escorted tankers through the Strait of Hormuz.
In earnings, The Kroger Co. (NYSE:KR) posted mixed results for the fourth quarter on Thursday. BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) reported upbeat earnings for the fourth quarter.
On the economic data front, U.S. initial jobless claims came in unchanged from the previous week at 213,000 …