Dow Dips Over 250 Points Following Jobs Data: Investor Sentiment Weakens, Greed Index Remains In ‘Fear’ Zone
U.S. stocks fell as strong jobs data boosted Fed rate-hike odds. Fear & Greed Index declined to 41.9, while LULU and GWRE dropped.
When lots of people get jobs, it sometimes makes money more expensive (higher interest rates), which can worry stock investors and make them want to be more careful with their money. Watch how people feel about stocks—when fear is high, it means investors are nervous, so companies might need to prove they're doing well to feel safer.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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