New York CNN —US stocks wavered Wednesday, giving back earlier gains as investors tried to recover from the week’s bruising losses.
The Dow fell 234 points, or 0.6%, after gaining more than 400 points earlier in the day.
CNN’s Fear & Greed Index, which measures seven barometers of market sentiment, closed in “extreme fear” territory.
The Cboe Volatility Index — Wall Street’s fear gauge — which measures bets on expected stock market volatility, fell to 27.
The Magnificent Seven companies lost $615.6 billion in value on Monday, according to S&P Global data.
Persons:
Dow, ”, Sean Frank
Organizations:
New, New York CNN, Nasdaq, . West Texas, Brent, Dow, Cloud Equity Group
Locations:
New York, Japan