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 settled mostly lower on Tuesday, with the Dow Jones index falling more than 100 points during the session ahead of Fed policy meeting.
The Federal Reserve is expected to cut rates on Wednesday at the Federal Open Market Committee meeting for September. This would mark the first cut since December 2024 and would come with stock market indexes at all-time highs.
On the economic front, the NAHB/Wells Fargo Housing Market Index came in steady at 32 in September, the same as in the previous month. U.S. industrial production rose 0.1% …