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Investor Sentiment Falls, Dow Snaps Five-Month Win Streak
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, but the index remained in the “Fear” zone on Tuesday.
U.S. stocks settled lower on Tuesday, with the Dow Jones index dipping more than 550 points during the session. All three major indices recorded losses in April, ending a streak of five consecutive months of gains. The Dow dipped 5% to record its weakest monthly performance since Sept. 2022, while the S&P 500 tumbled around 4.2% last month.
Coca-Cola Company (NYSE:KO) reported better-than-expected first-quarter results on Tuesday, while McDonald’s Corp (NYSE:MCD) reported mixed first-quarter results. 3M Company (NYSE:MMM) reported ...