Dow drops about 108 points as Fear & Greed stays in Greed
The Dow fell around 108 points to 53,732.41 on Friday, while the CNN Fear & Greed index declined but remained in the “Greed” zone; U.S. retail sales and consumer sentiment also weakened.
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The Dow fell around 108 points to 53,732.41 on Friday, while the CNN Fear & Greed index declined but remained in the “Greed” zone; U.S. retail sales and consumer sentiment also weakened.
The University of Michigan's consumer sentiment index declined to 51 in early August from 55.2 in the previous month, missing market estimates of 54.5.
U.S. retail sales decline 0.6% month-over-month in July after a 0.2% gain in June, missing estimates for a 0.1% rise.