Investor optimism wanes after US stocks post losses in February…

Investor optimism wanes after US stocks post losses in February…

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The CNN Money Fear and Greed Index showed some decline in overall US investor sentiment.

US stocks closed lower on Tuesday, with all major indexes posting their second negative month in three months.

For the month, the Dow fell about 4.2% and is down 1.48% year-to-date. The S&P 500 fell about 2.6% in February but has posted year-to-date gains.

Nvidia Corp. NVDA filed an S-3 registration statement with the SEC for a mixed-shelf offering.

The Dow closed about 232 points lower at 32,656.70 on Tuesday. The S&P 500 fell 0.30% to 3,970.15, while the Nasdaq Composite fell 0.10% to settle at 11,455.54 during the session.

Investors await earnings results from Dollar Tree, Inc. DLTR, Lowe’s Companies, Inc. LOW, Salesforce, Inc. CRM And Abercrombie & Fitch Co. ANF Today.

With a current reading of 59.0, the index remained in “greed” territory compared to a previous reading of 61.0.

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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