Dow Dips Over 400 Points As Crude Oil Surges: Investor Sentiment Weakens Further, Fear & Greed Index Moves To ‘Fear’ Zone
The CNN Business Fear & Greed Index tracks market sentiment, with Tuesday's reading moving to Fear zone as stocks fell on rising yields and fears of Fed rate hikes.
When oil prices go up and people worry about interest rates, stock prices sometimes go down because investors feel scared instead of excited. When you see the Fear & Greed Index in the Fear zone, it means lots of people are nervous—which can be useful to notice, but feelings change and don't always match what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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