Market sentiment declined as stocks fell, with tech stocks leading the way. UnitedHealth Group and Abbott Laboratories reported strong earnings.
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 around 1.5% during the session amid a sell-off in tech stocks.
Shares of Micron Technology Inc.
(NASDAQ:MU) and Advanced Micro Devices Inc.
(NASDAQ:AMD) fell by more than 5% each on Thursday.
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The CNN Fear & Greed Index, measuring market sentiment, showed a slight decline on Thursday, remaining in the Fear zone at 25.5.
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