The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday.
U.S. stocks settled mixed on Wednesday, with the Nasdaq Composite falling around 350 points during the session as investors continued to rotate aggressively out of long-duration growth and into energy and materials.
The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) dipped for a seventh straight session and fell back to levels last seen during the April 2025 tariff shock.
In earnings, Advanced Micro Devices Inc. (NASDAQ:AMD) shares fell more than 17% on Wednesday after the company reported fourth-quarter financial results. Eli Lilly and Co. (NYSE:LLY) stock jumped over 10% after the company released better-than-expected fourth-quarter earnings and issued fiscal 2026 guidance. Uber Technologies Inc.