The CNN Money Fear and Greed Index showed some improvement in overall US investor sentiment.

US stocks ended mostly lower on Wednesday as investors digested minutes from the Federal Reserve’s latest meeting.

Palo Alto Networks Inc PANW Shares rose over 12% on Wednesday after the company reported better-than-expected Q2 results and issued strong guidance.

The Dow closed about 85 points lower at 33,045.09 on Wednesday. The S&P 500 fell 0.16% to 3,991.05, while the Nasdaq Composite gained 0.13% to settle at 11,507.07 during the session.

Investors await earnings results from Alibaba Group Holding Ltd – ADR BABA, block inc Q And Keurig Dr Pepper Inc KDP Today.

With a current reading of 63.0, the index remained in “greed” territory compared to a previous reading of 62.0.

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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