Dow drops over 100 points after July PCE inflation report
U.S. stocks slid Wednesday after a PCE inflation release; the Dow Jones fell more than 100 points. The CNN Fear & Greed Index moved to the “Neutral” zone, reading 55 versus 57 prior.
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U.S. stocks slid Wednesday after a PCE inflation release; the Dow Jones fell more than 100 points. The CNN Fear & Greed Index moved to the “Neutral” zone, reading 55 versus 57 prior.
The Chicago Fed National Activity Index falls to -0.08 in July from 0.06 in June, indicating a slight deterioration in U.S. economic activity.
U.S. stocks closed higher Friday while S&P Global’s flash composite PMI rose to 56.0 in August from 54.5, with services at 56.8 versus 54.0 expected.
Bitcoin rose 0.11% to $77,357.55 and Ethereum gained 0.97% to $2,450.00, while XRP fell 0.78% and Dogecoin dropped 1.90% amid a broader crypto pullback.
Fear and Greed Index: 55/100 = Neutral
Fear & Greed Index: 55/100 - Neutral
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Monday. U.S. stocks settled higher on Monday, with the Dow Jones index jumping to a record close on the first trading day of August. Crude oil prices tumbled and Treasury yields re