The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday.
U.S. stocks settled mostly lower on Tuesday, with the Nasdaq Composite falling more than 300 points during the session as the absence of fresh bullish catalysts prompted investors to take profits after the recent months-long rally.
The retreat came as peace talks between President Donald Trump, Ukrainian President Volodymyr Zelenskyy and European leaders failed to deliver a breakthrough. Investors are now turning their focus to Federal Reserve Chair Jerome Powell’s speech later this week for clearer signals on interest rates.
Intel Corp. INTC rallied 7%, extending its monthly gains to 27%, after Japan’s SoftBank Group announced a $2 billion investment in the chipmaker. Palo Alto Networks Inc. PANW jumped over 3% after posting a double beat on its latest quarterly results.
On the economic…
