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Benzinga
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Nasdaq Settles Lower Amid Decline In Mega-Caps: Investor Fear Increases, Greed Index Remains In 'Fear' Zone

1. CNN Fear and Greed index shows increased fear, impacting market sentiment. 2. U.S. stocks closed lower; S&P 500 dipped by 0.99%. 3. Meta shares plunged over 11% due to high AI spending. 4. Most S&P 500 sectors reported losses; real estate and financials bucked the trend. 5. Investors are bracing for key earnings reports from major companies.

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FAQ

Why Bearish?

The increase in fear and poor performance of mega-caps negatively influences overall market confidence.

How important is it?

The ongoing fear sentiment and recent stock market declines pose immediate concerns for investors in S&P 500.

Why Short Term?

Short-term market fluctuations are likely as earnings results from key sectors arrive soon.

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