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The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled lower on Monday, with the Dow Jones index falling more than 550 points during the session after an Iranian drone strike on a UAE oil facility sent Brent crude above $114 a barrel, increasing expectations of a Federal Reserve rate hike by March 2027.
In earnings, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) posted upbeat earnings for the first quarter, but lowered its FY2026 forecast. Tyson Foods Inc. (NYSE:TSN) posted better-than-expected earnings for the second quarter on Monday.
On the economic data front, U.S. factory orders …
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