Dow Hits New High As Oil Prices Fall: Fear & Greed Index Remains In 'Greed' Zone
The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
U.S. stocks settled mostly higher on Wednesday, with the Dow Jones index surging to a fresh record during the session as oil prices moved lower.
The Iranian state media reportedly announced a draft framework to reopen the Strait of Hormuz, only for the White House to deny the document. Speaking from his Cabinet meeting, President Donald Trump tempered ceasefire optimism, telling reporters, "We're not there yet on an Iran deal."
In earnings, shares of Dick's Sporting Goods Inc. (NYSE:DKS) fell around 6% on Wednesday after the company reported mixed results for the first quarter. Dycom Industries Inc (NYSE:
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.