The CNN Money Fear and Greed Index showed some improvement in the overall market sentiment, while the index remained in the "Greed" zone on Wednesday.
U.S. stocks settled mostly higher on Wednesday, with the Nasdaq Composite gaining more than 100 points during the session following the release of inflation data.
The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year, both in line with forecasts and a second straight annual deceleration from June’s 3.5%.
Core CPI rose 0.2% on the month and cooled to 2.5% annually, the softest in five months.
On the earnings front, Performance Food Group Co.
