The CNN Money Fear and Greed Index showed some increase in fear levels among US investors.

US stocks closed higher on Friday after a volatile trading session. All major indices posted gains last week, with the Dow up 0.4% and the S&P 500 up 1.4%.

Deutsche Bank AG DB Stocks came under pressure on Friday after a surge in credit default swaps amid ongoing concerns over the health of European banks.

The US Federal Reserve raised interest rates by a quarter point last week.

The Dow closed about 132 points higher on Friday at 32,237.53. The S&P 500 was up 0.56% to 3,970.99, while the Nasdaq Composite was up 0.31% to settle at 11,823.96 during the session.

Investors await earnings results from Carnival Corporation CCL,

BioNTech SE BNTX And PVH Corp. PVH Today.

With the current reading at 33.0, the index remained in “fear” territory versus a previous reading of 34.0

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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