The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the "Fear" zone on Wednesday.
U.S. stocks closed mixed on Wednesday, with the S&P 500 hitting fresh highs during shortened trading session. The New York Stock Exchange closed early at 1 p.m. ET on Wednesday, while the exchange was also closed on Thursday for Independence Day.
ADP data showed lesser-than-expected private payroll growth in June, while weekly jobless claims came in higher than expectations.
Tesla, Inc. (NASDAQ:TSLA) shares surged 6.5% on Wednesday after Wedbush raised its price target on the stock from $275 to $300. The company's stock also climbed on Tuesday following the company's delivery figures.
Most sectors on the S&P 500 closed on a positive note, with materials, information technology, and utilities stocks recording the biggest gains on Wednesday. However, healthcare and consumer staples stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by around 24 points to 39,308.00 on Wednesday. The S&P 500 rose 0.51% at 5,537.02, while the Nasdaq Composite climbed 0.88% at 18,188.30 during Wednesday's session.
What is CNN Business Fear & Greed Index?
At a current reading of 44.3, the index moved to the "Fear" zone on Wednesday, versus a prior reading of 48.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
美國有線電視新聞網（CNN）的貨幣恐懼和貪婪指數顯示整體市場情緒下降，該指數週三跌至 “恐懼” 區域。
美國股市週三收盤漲跌互現，標普500指數在縮短的交易時段內創下新高。紐約證券交易所週三美國東部時間下午1點早盤關閉，而該交易所也於週四因獨立日休市。
ADP數據顯示，6月份私人薪資增長低於預期，而每週申請失業救濟人數高於預期。
特斯拉公司（納斯達克股票代碼：TSLA）股價週三飆升6.5％，此前Wedbush將該股的目標股價從275美元上調至300美元。該公司公佈交付數據後，該公司的股票也在週二攀升。
標準普爾500指數的大多數板塊收盤表現樂觀，其中材料、信息技術和公用事業股週三漲幅最大。但是，醫療保健和必需消費品股逆勢上漲，收盤走低。
道瓊斯指數週三收盤下跌約24點，至39,308.00點。標準普爾500指數在週三的交易中上漲0.51％，至5,537.02，而納斯達克綜合指數上漲0.88％，至18188.30。
什麼是CNN商業恐懼與貪婪指數？
該指數目前的讀數爲44.3，週三跌至 “恐懼” 區域，而之前的讀數爲48。
恐懼與貪婪指數是衡量當前市場情緒的指標。它基於這樣的前提，即更高的恐懼會對股價施加壓力，而更高的貪婪會產生相反的效果。該指數是根據七個等權指標計算得出的。該指數的範圍介於 0 到 100 之間，其中 0 表示最大恐懼感，100 表示最大貪婪。
