S&P 500 Falls Ahead of Inflation Report
The S&P 500 falls for the second straight session amid a decline in tech stocks
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. S. stocks settled lower on Tuesday, with the S&P 500 falling for the second straight session amid a decline in tech stocks. President Donald Trump hardened Washington’s negotiating stance in a Truth Social post, requiring Tehran to pay for war damages.
5%. S. 5. S.
06 million. On the earnings front, Cardinal Health Inc. 3% after the company posted results for the fourth quarter. Quantum Corp.
(NASDAQ: QMCO ) shares jumped around 65% after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Most sectors on the S&P 500 closed on a negative note, with consumer discretionary, real estate and communication services stocks recording the biggest losses on Tuesday. However, energy and utilities stocks bucked the overall market trend, closing the session higher. 85 on Tuesday.
45 during Tuesday’s session. Investors are awaiting earnings results from Brinker International Inc. (NYSE: EAT ), Cisco Systems Inc. (NASDAQ: CSCO ) and Performance Food Group Co.
(NYSE: PFGC ) today. What is CNN Business Fear & Greed Index? 7. The Fear & Greed Index is a measure of the current market sentiment.
It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness. Photo via Shutterstock