Dow Dips More Than 200 Points Following Inflation Report, Megacap Tech Stocks Edge Lower: Greed Index In 'Fear' Zone
1. Overall market sentiment is in 'Fear', influencing S&P 500 negatively. 2. CPI rose 3% year-over-year, exceeding expectations and indicating rising inflation. 3. S&P 500 sectors showed losses, especially in materials and real estate. 4. CVS Health shares surged 15% due to positive quarterly results. 5. Tesla shares increased 2% after an oversold period, creating mixed tech sentiment.