Dow Gains Over 100 Points Following Powell Comments: Fear & Greed Index Remains In ‘Neutral’ Zone

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The CNN Money Fear and Greed index showed almost no change in the overall market sentiment, with the index remaining in the “Neutral” zone on Tuesday.

U.S. stocks settled mixed on Tuesday, as investors digested comments from Federal Reserve Chair Jerome Powell. The Fed chief reiterated that the central bank is in no hurry to cut interest rates during his testimony before the Senate Banking Committee, offering little support for risk assets.

Tesla Inc. (NASDAQ:TSLA) fell by over 4%, reaching the lowest levels in eleven weeks, pressured by weak January auto sales in China. Apple Inc. (NASDAQ:AAPL) and Alibaba Group Holding Limited (NYSE:BABA) shares settled …

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