DG - Investor Optimism Decreases; Dow Tumbles Over 400 Points | Benzinga
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday.
U.S. stocks settled lower on Wednesday, with the Dow Jones index falling more than 400 points during the session. The 10-year Treasury note yield rose for a second day.
Major indices are on course to record gains for May, with the S&P 500 gaining 4.6%, and the Dow adding around 1.7% last month.
On the economic data front, the Dallas Fed general business activity index for Texas' service sector declined to -12.1 in May compared to -10.6 a month ago. Investors are awaiting ...