The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Wednesday.
U.S. stocks settled lower on Wednesday, with the Dow Jones index dipping more than 750 points during the session as investors digested the latest economic data and comments from the Fed chief.
The Federal Reserve held interest rates unchanged at 3.50%–3.75% for the third straight meeting on Wednesday, as widely expected by market participants.
The FOMC statement noted that while economic activity has been expanding at a solid pace, job gains have remained low and inflation remains somewhat elevated.
In earnings, Jabil Inc. (NYSE:JBL) stock fell around 1.4% on Wednesday after the manufacturing services provider delivered stronger-than-expected fiscal second-quarter 2026 results and raised its full-year …
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