Dow Drops for Third Session: Investor Sentiment Improves, but Greed Index Remains in 'Fear' Zone - Oracle

U.S. stocks ended mostly lower for the third straight session as the CNN Business Fear & Greed Index improved but stayed in “Fear.” The Dow Jones fell about 162 points to 51,349.98. The S&P 500 slipped 0.02% to 7,704.13, while the Nasdaq Composite rose 0.01% to 26,939.37. Market sentiment measured by the index was 36 on Thursday, up from 33 the prior reading. Shares moved on multiple fronts: Oracle dropped 3.5% after issuing a force majeure notice for its New Mexico data center project, and TD SYNNEX slid around 10% despite beating fiscal third-quarter revenue estimates of $21.6 billion. Meanwhile, Reuters reported U.S. and Iranian negotiators in New York discussed a phased deal tied to reopening the Strait of Hormuz.