Dow Tumbles More Than 300 Points: Investor Sentiment Decreases, Fear Index Remains In 'Greed' Zone
1. S&P 500 fell 0.43% amid declining market sentiment. 2. Fear and Greed index dropped to 58.9, indicating ongoing 'Greed'. 3. Dovish Fed comments support potential rate cuts, affecting market sentiment. 4. New home sales fell 0.6%, reflecting economic softness. 5. Major losses in consumer staples, health care, and utilities sectors.