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Feb 6, 2026 4:00 AM

Dow Tumbles Almost 600 Amid Earnings: Investor Sentiment Declines Further, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the “Fear” zone on Thursday.

U.S. stocks settled lower on Thursday, with the Dow Jones index falling almost 600 points during the session. Software stocks also dipped for an eighth straight session on Thursday.

In earnings, Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) fell 0.5% despite beating estimates, as ballooning capital expenditure revived concerns over near-term shareholder returns. Qualcomm Inc. (NASDAQ:QCOM) slumped more than 8% after issuing weaker-than-expected guidance. Uber Technologies Inc. (NASDAQ:UBER) rallied around 2% despite an earnings miss.

On the economic data front, U.S. job ...