1. Fear & Greed index dipped to 35.4, now in the 'Fear' zone. Sentiment weakens. 2. U.S. stocks fell; Dow dropped over 700 points while S&P 500 lost 1.71%. Market declines noted. 3. Consumer sentiment dropped 10% with inflation outlook highest since 1995. Caution increases. 4. S&P Global PMI for services fell sharply amid private sector concerns. Growth worries mount.
Multiple negative indicators such as a drop in sentiment indices, consumer confidence and services PMI suggest short-term pressure on the S&P 500. Historically, similar signals preceded market dips like those seen during past corrections.
The convergence of falling sentiment, economic data, and sector losses suggests a meaningful near-term impact on the S&P 500. The blend of these signals historically correlates with short-run market adjustments.
Immediate market declines and pending earnings indicate near-term volatility, akin to previous episodes where rapid sentiment shifts impacted prices temporarily.