The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.
U.S. stocks settled mostly lower on Thursday, with the Dow Jones falling around 10 points during the session after producer inflation posted its largest increase in three years.
The headline Producer Price Index (PPI) jumped 0.9% in July, the steepest monthly gain since June 2022, lifting the annual rate to 3.3%. Both figures far exceeded economists’ forecasts of 0.2% and 2.9%, respectively.
Shares of Deere & Co. (NYSE:DE) fell 7% on Thursday after the company reported third-quarter …