Dow Tumbles Over 900 Points On Iran Strikes: Investor Sentiment Weakens Further, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled lower on Wednesday, with the Dow Jones index falling more than 900 points during the session following renewed U.S.-Iran strikes in the Strait of Hormuz. The move came after President Donald Trump threatened additional strikes against Iran. On the economic data front, the annual inflation rate in the U.S. accelerated to 4.2% in May, recording its highest level since April 2023, compared to 3.8% in the previous month, and in line with market estimates. On the earnings front, Core & Main Inc. (NYSE: CNM ) reported upbeat earnings for the first quarter on Wednesday. Cracker Barrel Old Country Store Inc. ... Full story available on Benzinga.com