CNN Fear & Greed Index slips to 59.9, stays in Greed zone as stocks fall

CNN Business's Fear & Greed Index fell to 59.9 on Monday from 64, signaling weaker overall market sentiment even as the gauge remained in the "Greed" zone. U.S. stocks ended lower, with the Dow Jones falling about 273 points to 53,459.78, the S&P 500 dropping 0.52% to 7,745.06 and the Nasdaq Composite declining 0.32% to 26,644.91, as rising concerns in the Middle East weighed on risk appetite. Last week, the S&P 500 gained 0.4%, the Nasdaq rose 0.1% and the Dow fell 0.6%. Economic data was firmer, with the New York Fed’s Empire State Manufacturing Index rising to 20.6 in August from 15.6, above estimates of 11, while the NAHB/Wells Fargo Housing Market Index increased to 35 from 34. On the corporate side, INVO Fertility shares surged more than 60% after the company posted better-than-expected second-quarter EPS (earnings per share) results. Communication services, consumer staples and financials led sector losses, while energy stocks outperformed and closed higher. Investors were also awaiting earnings from Home Depot, Amer Sports and Toll Brothers.

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CNN Fear & Greed Index slips to 59.9, stays in Greed zone as stocks fall - CoinPost Terminal