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Benzinga
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Dow Tumbles Over 1,000 Points As Nvidia, Apple And Tesla Decline: Greed Index Remains In 'Extreme Fear' Zone

1. AAPL shares fell over 4% amid overall market decline. 2. The Fear and Greed Index indicates extreme fear in the market. 3. Dow Jones dropped more than 1,000 points, affecting tech stocks. 4. Consumer Price Index fell to 2.4%, below expectations. 5. Most sectors closed negatively, especially technology and communication services.

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FAQ

Why Bearish?

AAPL's significant drop of over 4% aligns with broader market fear. Historical downturns like 2008 show how fear impacts tech stocks.

How important is it?

The fear in the market directly affects investor behavior towards AAPL, impacting prices significantly.

Why Short Term?

Current market conditions are driven by immediate economic fears and CPI data, likely affecting short-term investor sentiment.

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