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

US stocks ended mixed on Tuesday as investors assessed recent corporate earnings.

shares of 3M company mmm Plunged 6.2% on Tuesday after the company reported worse-than-expected Q4 adjusted earnings and released a FY23 adjusted EPS forecast below estimates. Union Pacific Corporation UNP Stocks fell 3.3% after reporting weak Q4 results.

The Dow closed about 104 points higher on Tuesday at 33,733.96. The S&P 500 slipped 0.07% to 4,016.95, while the Nasdaq Composite fell 0.27% to settle at 11,334.27 in the session.

Investors await earnings results from Tesla, Inc. TSLA, The Boeing Company B.A, AT&T Inc. T and Abbott Laboratories AWAY today.

At a current reading of 63.0, the index remained in “greed” territory compared to a previous reading of 65.0.

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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