Fear & Greed Index: 29/100 - Fear
Fear & Greed Index: 29/100 - Fear
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Fear & Greed Index: 29/100 - Fear
Leading cryptocurrencies slid after August producer prices rose 5.4% year over year, above economists’ expectations. Bitcoin dipped below $77,000 and crypto-linked stocks also weakened.
U.S. stocks closed lower Friday after August payrolls rose 162,000, nearly triple the 55,000 consensus, while the unemployment rate held at 4.1% and hourly earnings matched forecasts.
U.S. stocks closed higher Wednesday; the Dow rose about 295 points, while ADP private payrolls increased 38,000 in August, below the 47,000 consensus, and August nonfarm payrolls are due Friday.
Leading cryptocurrencies pulled back on Tuesday, with bitcoin, ethereum, XRP, solana and dogecoin lower; the source cited profit-taking after the recent rally and noted more than $620 million in liquidations.
Bitcoin touched $74,000 and traded near $73,947.41, while Ethereum, XRP, Solana and Dogecoin also advanced after a White House crypto summit hosted by President Donald Trump.
Fabrinet (NYSE: FN) says first-quarter GAAP EPS will be $3.39 to $3.54, below the $3.78 estimate, even as adjusted EPS and revenue guidance top estimates.
Bitcoin, Ethereum and Dogecoin trade higher while XRP and Solana slip, with the Crypto Fear & Greed Index still showing “fear” and no fresh catalyst supplied.
Crypto Fear & Greed Index reads 29/100 and is categorized as “Fear,” according to Pro.
Dillard's Inc. reported second-quarter earnings of $6.25 per share versus the $4.27 analyst estimate, while net sales of $1.508 billion fell just short of $1.522 billion expected.
The Crypto Fear & Greed Index reads 29/100, indicating Fear, according to the provided feed.
Nasdaq falls for fifth session amid decline in chip shares, with the Fear & Greed Index in 'Extreme Fear' zone.
ARK Invest CEO Cathie Wood says inflation could fall to between 0% and 1% over the next few years as productivity rises and labor costs ease, and expects Federal Reserve Chair Kevin Warsh to avoid tightening policy if price pressures ease