Investor Sentiment Falls Further; Fear & Greed Index In ‘Greed’ Zone

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The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday.

U.S. stocks closed lower on Tuesday, with the Nasdaq falling more than 100 points during the session. All three major indices recorded losses last week, ending their five-week winning streaks.

On the economic data front, the Conference Board’s Leading Economic Index fell 0.4% for January versus market expectations for a 0.3% decline.

Capital One Financial Corp (NYSE: COF) announced its plans to purchase Discover Financial Services (NYSE: DFS), marking a pivotal $35.3 billion all-stock transaction.

Full story available on Benzinga.com


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