The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled mostly lower on Monday, with the Nasdaq Composite snapping a 13-session win streak during the session amid renewed U.S.-Iran tensions.
The U.S. Navy seized the Iranian cargo ship TOUSKA in the Gulf of Oman over the weekend, and President Donald Trump signalled that it’s “highly unlikely” he’ll extend the ceasefire with Iran, which ends tomorrow.
However, stocks recorded sharp gains last week, with the blue-chip Dow adding 3.2% and the S&P 500 surging 4.5%.
In earnings, shares of Cleveland-Cliffs Inc. (NYSE:CLF) fell more than 2% on Monday after …
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