Dow Tumbles 450 Points As Walmart Shares Plunge: Investor Sentiment Declines, Fear & Greed Index In 'Neutral' Zone
1. Market sentiment softened; Fear & Greed index remained Neutral. General caution prevailed. 2. WMT shares dropped 6.5% after quarterly results. Disappointing guidance fueled investor concern. 3. WMT projected 3%-4% sales growth and lower EPS. Expectations were notably below analyst estimates. 4. US economic data showed rising jobless claims and weak manufacturing. Broader market pressures emerged.