The CNN Money Fear and Greed index showed a further increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Monday.
U.S. stocks settled mixed on Monday, with the Nasdaq Composite falling more than 150 points during the session amid further gains in oil prices.
The S&P 500 recorded its fifth consecutive weekly decline, falling 2.1% during the week. The Nasdaq dipped 3.2%, while the blue-chip Dow fell 0.9% last week.
US President Donald Trump disclosed active negotiations with a “new and more reasonable” Iranian regime, while Fed Chair Jerome Powell downplayed the need for imminent rate hikes.
Compass Diversified Holdings (NYSE:CODI) shares jumped 15% on Monday after the company announced it will sell the food service business of its majority-owned …
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