The CNN Money Fear and Greed Index showed some decline overall Market sentiment on Thursday.

US stocks closed lower on Thursday after mixed earnings results.

Tesla, Inc. TSLA Shares fell about 9.8% on Thursday after the company reported a decline in operating margins.

Seagate Technology Holdings plc STX Shares fell more than 9% after the company reported worse-than-expected Q3 results.

The Dow Jones closed around 110 points lower at 33,786.62 on Thursday. The S&P 500 fell 0.60% to 4,129.79, while the Nasdaq Composite fell 0.80% to settle at 12,059.56 during the session.

Investors await earnings results from The Procter & Gamble company PG, HCA Healthcare, Inc. HCA And Schlumberger Limited SLB Today.

With the current reading at 64.0, the index remained in “greed” territory versus a previous reading of 68.0

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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