Nasdaq Tumbles 2% Amid Decline In Alphabet, Amazon: Investor Sentiment Declines, Greed Index Remains In 'Fear' Zone - Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
1. The Fear & Greed index declined to 28.6, indicating high market fear. 2. The Nasdaq Composite fell 2% as major tech stocks suffered losses. 3. AMZN and other tech stocks dropped over 2% amid negative market sentiment. 4. Most S&P 500 sectors closed lower with big losses in tech and discretionary. 5. Utilities and consumer staples managed to close higher amid overall market decline.