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Benzinga
174 days

Nasdaq Dips Over 1% Ahead Of Nvidia Earnings: Greed Index Moves To 'Extreme Fear' Zone

1. The Fear and Greed Index shows 'Extreme Fear' sentiment at 22.9. 2. U.S. stocks closed mixed; Nasdaq fell 1.35% on Tuesday. 3. NVIDIA earnings results are highly anticipated amid market volatility. 4. Technology sector experienced losses, which may impact NVDA adversely. 5. Housing prices showed an upward trend, potentially impacting broader economic sentiment.

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FAQ

Why Bearish?

The overall decline in market sentiment and technology sector losses may pressure NVDA. Historical data shows similar patterns leading to short-term price drops during economic fear phases.

How important is it?

The article discusses critical market sentiment and upcoming NVDA earnings, both of which significantly impact NVDA's stock price.

Why Short Term?

Immediate market reactions to earnings and sentiment shifts commonly affect prices. Similar earnings announcements in a bearish market context often lead to immediate stock price adjustments.

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