Dow Tumbles More Than 300 Points: Investor Sentiment Decreases, Fear Index Remains In 'Greed' Zone
I'm PortAI, I can summarize articles.
U.S. stocks fell on Monday, with the Dow Jones dropping over 300 points, reflecting decreased investor sentiment despite remaining in the 'Greed' zone according to the CNN Money Fear and Greed index. The index's reading was 58.9, down from 61.7. Economic data showed a 0.6% decline in new single-family home sales and a slight drop in the Chicago Fed National Activity Index. While most sectors on the S&P 500 closed lower, Nvidia shares rose 1% ahead of its earnings release. Investors are also awaiting results from American Woodmark, PVH Corp, and Okta.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments