Dow Dips More Than 200 Points Following Inflation Report, Megacap Tech Stocks Edge Lower: Greed Index In 'Fear' Zone - Amazon.com (NASDAQ:AMZN), Coinbase Glb (NASDAQ:COIN)
1. U.S. stocks fell, driven by inflation data and the Fear index in 'Fear' zone. 2. CPI rose 3% YoY in January, above forecasts, impacting market sentiment negatively. 3. Amazon shares declined among megacap tech giants, reflecting overall market weakness. 4. Inflation pressure could lead to higher interest rates, affecting growth stocks like AMZN. 5. Consumer staples stocks gained, contrasting with losses in materials and energy sectors.