Fear & Greed Index Remains In ‘Extreme Greed’ Zone Ahead Of Inflation Data; Dow Hits Record high



The CNN Money Fear and Greed index remained in the “Extreme Greed” zone on Monday.

U.S. stocks closed mixed on Monday, with the Dow Jones index climbing to a fresh high during the session.

Diamondback Energy, Inc. (NASDAQ: FANG) shares jumped 9.4% on Monday after company announced it entered into definitive merger agreement with Endeavor Energy Resources valued at $26 million. Shares of CymaBay Therapeutics (NASDAQ: CBAY) jumped over 25% after Gilead Sciences agreed to acquire the company for $32.50 per share in cash.

On the economic data front, the Treasury Department said the U.S. Federal budget deficit shrank to $22 billion in January, compared to …

Full story available on Benzinga.com


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