U.S. data weakens as yields rise and stocks split
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.
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S&P 500 INDEX FUTURES GAIN 0.2%, NASDAQ 100 FUTURES UP 0.5%
S&P 500 INDEX FUTURES GAIN 0.2%, NASDAQ 100 FUTURES UP 0.5%
Nasdaq Gains Over 200 Points Following Inflation Report: Investor Sentiment Improves, Greed Index Remains In ‘Fear' Zone
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Tuesday. U.S. stocks settled mostly higher on Tuesday, with the Nasdaq Composite gaining more than 200 points during the session following the release of inflation data. Headline CP