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Investor Sentiment Improves Further; Fear & Greed Index Remains In ‘Greed’ Zone

Published by
Benzinga

The CNN Money Fear and Greed index showed further improvement in overall market sentiment, but the index remained in the “Greed” zone on Monday. U.S. stocks closed lower on Monday after the S&P 500 index notched its strongest close since March 2022 on Friday. Bitcoin prices topped the $41,000 level, while gold climbed to its strongest nominal intraday level ever on Monday. On the economic data front, U.S. factory orders fell 3.6% month-over-month in October versus a revised 2.3% increase in September, and compared to market estimates of a 2.8% decline. Shares of Alaska Air Group, Inc. (NYSE: A…

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