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The CNN Business Fear & Greed index showed some easing in overall fear levels on Thursday, but the measure remained in the “Extreme Fear” zone.
U.S. stocks finished mixed on Thursday. The Dow Jones Industrial Average fell about 0.1% during the session following recent comments from President Donald Trump. Separately, Iran is reportedly drafting a monitoring protocol with Oman for the Strait of Hormuz.
Within the Magnificent Seven, Tesla Inc. dropped more than 5% to a seven-month low after posting one of its weakest first-quarter delivery figures in recent years.
On earnings, Acuity Inc. shares fell about 8% after the company reported mixed fiscal second-quarter 2026 results. A revenue miss offset an earnings beat.
U.S. initial jobless claims declined by 9,000 to 202,000 in the fourth week of March, compared with market estimates of 212,000.
The U.S. goods trade deficit widened to $83.5 billion in February, up from a revised $80.9 billion in the prior month.
Most sectors on the S&P 500 closed higher. Real estate, inflation technology, and consumer staples stocks recorded the biggest gains. Health care and consumer discretionary stocks closed lower, bucking the broader market trend.
The Dow Jones closed lower by around 61 points at 46,504.67. The S&P 500 rose 0.11% to 6,582.69, while the Nasdaq Composite gained 0.18% to 21,879.18.
On Thursday, the Fear & Greed index reading was 15.3, compared with a prior reading of 13.8. The index is a measure of market sentiment, based on the premise that higher fear can pressure stock prices while higher greed can have the opposite effect. It is calculated using seven equal-weighted indicators and ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greed.
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