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Investor Optimism Decreases Slightly; Inflation Data In Focus

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the "Greed" zone on Tuesday. U.S. stocks closed mixed on Tuesday, with the Dow Jones index settling slightly lower during the session. Data on the March inflation rate will be released on Wednesday. Economists expect inflation to increase 0.3% month over Month. On the economic data front, the NFIB Small Business Optimism Index declined for a third straight month to a reading of 88.5 in March, compared to market estimates of 90.2. Shares of Cognyte Software Ltd. (NASDAQ: CGNT) fell around 14% on Tuesday after the company reported fourth-quarter results and issued ...