The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday.
U.S. stocks settled mixed on Wednesday, with the Nasdaq Composite gaining 1% during the session.
Shares of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) jumped over 9% on Wednesday after a U.S. court issued long-awaited remedies in the DOJ antitrust case, which proved less severe than investors had feared. Apple Inc. (NASDAQ:AAPL) gained about 4% as the ruling allows Google to continue paying for default search placement on iOS, preserving a lucrative revenue stream for the iPhone maker.
Shares of Campbell’s Co. (NASDAQ:CPB) gained 7% after the company posted better-than-expected earnings for the fourth quarter on Wednesday. Shares of Macy's Inc. (NYSE:M) jumped more than 20% after the company reported second-quarter results above estimates and raised its FY2025 guidance.
On the economic front, U.S. job openings declined by 176,000 to 7.18 million in July 2025, compared to market expectations of 7.4 million. New orders for U.S.-manufactured goods declined by 1.3% month-over-month to $603.6 billion in July following a 4.8% plunge in the prior month.
Most sectors on the S&P 500 closed on a negative note, with industrials, energy and materials stocks recording the biggest losses on Wednesday. However, communication services and information technology stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 25 points to 45,271.23 on Wednesday. The S&P 500 rose 0.51% to 6,448.26, while the Nasdaq Composite climbed 1.02% to 21,497.73 during Wednesday's session.
Investors are awaiting earnings results from Science Applications International Corp (NASDAQ:SAIC), Lululemon Athletica Inc (NASDAQ:LULU) and Broadcom Inc (NASDAQ:AVGO) today.
What is CNN Business Fear & Greed Index?
At a current reading of 52.0, the index remained in the “Neutral” zone on Wednesday, versus a prior reading of 52.2.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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