The CNN Money Fear and Greed Index showed some easing of fear among US investors.

US stocks fell on Tuesday amid a rise in bond yields, putting particular pressure on tech stocks.

shares of Walgreens Boots Alliance, Inc. WBA rose around 2.7% on Tuesday after the company reported better-than-expected Q2 results.

On the economic data front, the US merchandise trade deficit widened to $91.63 billion in February from a revised $91.09 billion in the previous month, while wholesale inventories rose 0.2% mom in February.

The Dow closed about 38 points lower at 32,394.25 on Tuesday. The S&P 500 fell 0.16% to 3,971.27, while the Nasdaq Composite lost 0.45% to settle at 11,716.08 during the session.

Investors await earnings results from Cintas Corporation CTAS, RH RH And Paychex, Inc. PAYX Today.

With the current reading at 38.0, the index remained in “fear” territory versus a previous reading of 36.0

What is the CNN Business Fear & Greed Index?

The Fear & Greed Index is a measure of current market sentiment. It is based on the premise that higher fear puts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equally weighted indicators. The index ranges from 0 to 100, with 0 representing maximum fear and 100 representing maximum greed.

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