Dow Tumbles Over 750 Points Following Fed Decision: Fear & Greed Index Remains In 'Extreme Fear' Zone

The Dow Jones index fell by approximately 768 points, closing at 46,225.15, as investors reacted to the Federal Reserve's decision to maintain interest rates at 3.50%–3.75% for the third consecutive meeting. The CNN Money Fear and Greed index indicated an increase in fear, remaining in the 'Extreme Fear' zone with a reading of 18.4. In earnings, Jabil Inc. saw its stock decline by 1.4% despite reporting stronger-than-expected fiscal results, while Macy's Inc. shares rose by 5% following better-than-expected fourth-quarter results.