S&P 500 Records Worst Session In Over A Month, Meta And Microsoft Tumble: Greed Index Moves To 'Fear' Zone
1. Stocks fell significantly, with Nasdaq dropping over 500 points. 2. The Fear & Greed Index dropped into the 'Fear' zone at 43.5. 3. Meta's and Microsoft's shares fell sharply following earnings reports. 4. Initial jobless claims declined to 216,000, indicating a stronger labor market. 5. Most sectors on the S&P 500 closed lower, especially technology.