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investor-sentiment-drops-ahead-of-us-jobs-report-–-costco-wholesale-(nasdaq:cost),-cracker-barrel-old-(nasdaq:cbrl)

Investor Sentiment Drops Ahead Of US Jobs Report – Costco Wholesale (NASDAQ:COST), Cracker Barrel Old (NASDAQ:CBRL)

By BizTech Weekly Dec 3, 2022

CNN Money Fear and Greed index shows slight easing in overall market sentiment. Dow Jones relinquished some of the sharp gains recorded on Wednesday. S&P 500 fell 0.09% to 4,076.57, while the Nasdaq Composite climbed 0.13% to 11,482.45 in the previous session. Costco Wholesale COST dropped around 6.6% on Thursday after the company reported November sales results. Genesco Inc. GCO, Cracker Barrel Old Country Store, Inc. CBRL and Kirkland’s Inc. KIRK are set to report quarterly earnings today. The index is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. . . .

Read more at www.benzinga.com

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