Dow Tumbles Around 800 Points On US Government Reopening Day; Investor Fear Increases, Greed Index Moves To 'Extreme Fear' Zone
1. Fear and Greed Index shows extreme fear at 24.3, impacting stock prices. 2. S&P 500 dropped 1.66% amid negative sentiment and expectations of Fed rate hikes. 3. Walt Disney missed revenue targets, falling 8%; Cisco rose 4.6% post-positive guidance. 4. Most sectors fell, particularly consumer discretionary and tech; energy stocks increased. 5. Dow Jones fell nearly 800 points, indicating broader market downturn.