The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the "Fear" zone on Wednesday.

U.S. stocks settled mostly lower on Wednesday, with the Nasdaq Composite falling more than 150 points during the session.

Meta Platforms Inc.

(NASDAQ:META) soared around 9% after announcing plans to build a cloud business to sell its excess AI compute capacity.

In semiconductors, Nvidia Corp.