The CNN Money Fear and Greed Index showed some increase in fear levels among US investors.

US stocks tumbled on Wednesday after the Federal Reserve hiked interest rates by another 0.25%, marking its ninth straight rate hike.

Regional bank shares fell on Wednesday, with the S&P Regional Bank ETF falling over 5%.

The Dow closed about 530 points lower at 32,030.11 on Wednesday. The S&P 500 fell 1.65% to 3,936.97, while the Nasdaq Composite lost 1.60% to settle at 11,669.96 during the session.

Investors await earnings results from Accenture plc ACN, General Mills, Inc. GIS And Darden Restaurants, Inc. DRI Today.

With the current reading at 37.0, the index remained in “fear” territory versus a previous reading of 38.0

What is the CNN Business Fear & Greed Index?

The Fear & Greed Index is a measure of current market sentiment. It is based on the premise that higher fear puts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equally weighted indicators. The index ranges from 0 to 100, with 0 representing maximum fear and 100 representing maximum greed.

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