S&P 500 Records Worst Session In Over A Month, Meta And Microsoft Tumble: Greed Index Moves To 'Fear' Zone

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday.

U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling more than 500 points during the session. The S&P 500 and Nasdaq both recorded their biggest single-day declines since Sept. 3.

Shares of Meta Platforms Inc. (NASDAQ:META) fell around 4% on Thursday after the company reported third-quarter financial results. Shares of Microsoft Corp. (NASDAQ:MSFT) fell around 6% on Thursday after the company reported first-quarter financial results.

On the economic data front, U.S. initial jobless claims declined ...