The CNN Money Fear and Greed Index showed a slight decline in overall sentiment among US investors.

The Dow Jones posted gains on Friday but still ended the week down 0.17%. Investors digested the latest economic data and earnings reports.

Lyft, Inc. LYFT Shares fell over 36% on Friday after the company released first-quarter revenue guidance below analysts’ estimates.

The Dow closed around 169 points higher on Friday at 33,869.27. The S&P 500 rose 0.22% to 4,090.46, while the Nasdaq Composite fell 0.61% to settle at 11,718.12 on the session.

Investors await earnings results from TreeHouse Foods, Inc. THS,
Avis Budget Group, Inc. AUTOMOBILE And Arista Networks, Inc. A NET Today.

With a current reading of 70.0, the index remained in “greed” territory compared to a previous reading of 72.0.

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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