Why Fear Among US Investors Is Increasing - News Summed Up

Why Fear Among US Investors Is Increasing


The CNN Money Fear and Greed index showed that the US equity markets remained in the "fear" zone on Monday, with the overall fear level increasing due to a decline on the Wall Street on Friday. Snap SNAP reported weaker-than-expected Q2 results, announced a reduction in its hiring rate and did not provide guidance. Investors, meanwhile, are now awaiting earnings results from RPM International Inc. RPM, Whirlpool Corporation WHR and Packaging Corporation of America PKGThe Nasdaq Composite fell 1.87% to close at 11,834.11 on Friday. The Dow Jones and S&P 500 also added 0.43% and 0.93%, respectively in the previous session. At a current reading of 39.0, the index remained in the "fear" zone on Monday, following a previous reading of 42.0.


Source: CNN July 25, 2022 17:14 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */