SHOP - Investor Sentiment Declines As US Stocks Settle Lower | Benzinga
The CNN Money Fear and Greed index showed some easing in overall market sentiment, but the index remained in the "Greed" zone on Monday.
U.S. stocks closed lower on Monday, after the major averages recorded gains for fourth straight weeks. The S&P 500 has gained 8.5% so far this month, while the Dow is up 6.9% in November.
Some e-commerce stocks, including Shopify Inc. (NYSE: SHOP) and Amazon.com, Inc. (NASDAQ: AMZN), closed higher on Cyber Monday.
On the economic data front, U.S. new home sales declined by 5.6% to an annualized rate of 679,000 in October, compared to ...