financetom
Market
financetom
/
Market
/
S&P 500 Settles Higher Ahead Of Tariff Day: Greed Index Remains In 'Extreme Fear' Zone
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
S&P 500 Settles Higher Ahead Of Tariff Day: Greed Index Remains In 'Extreme Fear' Zone
Apr 2, 2025 12:51 AM

The CNN Money Fear and Greed index showed almost no change in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Tuesday.

U.S. stocks settled mixed on Tuesday, with the S&P 500 closing slightly higher during the session as investors awaited details on the tariff plans expected from the Trump administration on Wednesday.

On Tuesday, a Washington Post report suggested the administration is considering a sweeping 20% tariff on most of the $3 trillion in annual imports.

The S&P 500 declined 5.8% in March, recording its biggest monthly decline since December 2022. The Nasdaq dipped 8.2%, while the Dow tumbled 4.2% last month. For the quarter, the S&P 500 dropped, while the Nasdaq dipped 10.4%. The Dow lost 1.3% during the first three months of the year.

On the economic data front, the ISM manufacturing PMI declined to 49 in March compared to a reading of 50.3 in February, and also missing market estimates of 49.5. U.S. construction spending increased 0.7% month-over-month in February following a revised 0.5% fall in January. The number of job openings fell by 194,000 to 7.568 million in February compared to a revised 7.762 million in the previous month.

Most sectors on the S&P 500 closed on a positive note, with consumer discretionary, communication services, and information technology stocks recording the biggest gains on Tuesday. However, health care and financial stocks bucked the overall market trend, closing the session lower.

The Dow Jones closed lower by around 12 points to 41,989.96 on Tuesday. The S&P 500 rose 0.38% to 5,633.07, while the Nasdaq Composite climbed 0.87% to 17,449.89 during Tuesday's session.

Investors are awaiting earnings results from UniFirst Corp. ( UNF ) , BlackBerry Ltd. ( BB ) , and RH today.

What is CNN Business Fear & Greed Index?

At a current reading of 19.3, the index remained in the “Extreme Fear” zone on Tuesday, versus a prior reading of 19.3.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

Read Next:

Wall Street’s Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TREASURIES-Yields fall as Fed officials cite inflation progress
TREASURIES-Yields fall as Fed officials cite inflation progress
Jul 17, 2024
(Updated at 1500 EDT) By Karen Brettell July 17 (Reuters) - U.S. Treasury yields fell to a four-month low on Wednesday after top Federal Reserve officials cited progress in inflation easing closer to their 2% target, setting the stage for a likely first interest rate cut in September. A July rate cut, however, was seen as an even more remote...
Fed Governor's Remarks, Earnings Leave Equities Mixed
Fed Governor's Remarks, Earnings Leave Equities Mixed
Jul 17, 2024
03:48 PM EDT, 07/17/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Wednesday's close as markets analyzed comments by Federal Reserve Governor Christopher Waller and the latest batch of corporate earnings. The Nasdaq Composite was down 2.6% at 18,033.8, while the S&P 500 fell 1.3% to 5,596.6. The Dow Jones Industrial Average rose 0.6% to 41,206.5. Among...
Sector Update: Tech
Sector Update: Tech
Jul 17, 2024
03:43 PM EDT, 07/17/2024 (MT Newswires) -- Tech stocks tumbled late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 3.5% and the SPDR S&P Semiconductor ETF (XSD) dropping 4.8%. The Philadelphia Semiconductor Index slumped 5.9%. In corporate news, Nuvei ( NVEI ) shares rose 0.6%, a day after the European Commission said it won't oppose Advent International's...
Sector Update: Financial Stocks Gain Late Afternoon
Sector Update: Financial Stocks Gain Late Afternoon
Jul 17, 2024
03:53 PM EDT, 07/17/2024 (MT Newswires) -- Financial stocks were higher in late Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index was falling 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.7%. Bitcoin (BTC-USD) was declining 0.6% to $64,677, and the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved