The CNN Money Fear and Greed index showed almost no change in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
U.S. stocks settled mostly lower on Wednesday, with the Dow Jones index falling more than 250 points during the session, recording losses for the fifth straight session. Crude prices rose again on Wednesday amid renewed Hormuz disruption fears.
In earnings, Automatic Data Processing (NASDAQ:ADP) reported better-than-expected third-quarter financial results. Brinker International Inc. (NYSE:EAT) reported upbeat third-quarter earnings on Wednesday.
On the economic data front, U.S. wholesale inventories rose by 1.4% month-over-month to $932.8 billion in March, compared to a revised 0.9% gain in February. The goods deficit increased to $87.9 billion in March from $83.5 …
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