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Apex Trader Funding - News

Investor Sentiment Improves, But Dow Falls Over 100 Points

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the “Neutral” zone on Monday. U.S. stocks settled mixed on Monday, with the Dow Jones index falling more than 100 points during the session following weak U.S. manufacturing data. On the economic data front, U.S. construction spending declined by 0.1% month-over-month to an annual rate of $2,099 billion in April compared to a 0.2% decline in the previous month and versus market estimates of a 0.2% increase. The ISM manufacturing PMI fell to 48.7 in May versus 49.2 in April, and market expectations of 49.6. U.S. major indices notched gains in May. The ...