So the investor angst continues, sending CNN's Fear & Greed index back into "extreme fear" from "neutral" just two days ago. By the time the market closed, only the Dow remained in the red, ending the day down 0.2%, or 67 points. Next week's central bank symposium at Jackson Hole will be watched closely for any more signals for the eventual and inevitable taper. In economic data, weekly jobless claims fell slightly more than expected to a new pandemic-era low of 348,000 with seasonal adjustments. The Philly Fed manufacturing index for August came in below expectations and dipped below its June level but still signaled a healthy expansion.
Source: CNN August 19, 2021 12:52 UTC