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

U.S. stocks settled lower on Wednesday, with the Dow Jones index dipping more than 1,100 points to record its worst decline since April 2025.

Crude oil prices spiked on a fresh U.S.-Iran escalation.

President Donald Trump threatened strikes against Iran in response to attacks on U.S. targets in Jordan.

The Federal Reserve left its benchmark interest rate unchanged at 3.50%–3.75% on Wednesday.