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

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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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