Dow Tumbles Almost 300 Points: Investor Sentiment Declines, But Greed Index Remains In ‘Fear’ Zone

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The CNN Money Fear and Greed index showed a slight easing in the overall fear level, while the index remained in the “Fear” zone on Wednesday.

U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling by almost 300 points during the session as investors continued to monitor developments in the ongoing war against Iran.

Iran struck three more cargo vessels in the Strait of Hormuz overnight, extending a campaign that has now targeted more than a dozen ships since the conflict began.

The IEA authorized an unprecedented 400-million-barrel release of emergency reserves from its 32 member nations — the body’s largest emergency action on record — but crude markets shrugged off the announcement.

In earnings, Commercial Vehicle Group Inc. (NASDAQ:CVGI) shares jumped over 25% on Wednesday after the company reported better-than-expected fourth-quarter sales results. Shares of Campbell’s …

Full story available on Benzinga.com

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