The CNN Money Fear and Greed index showed almost no change in the overall market sentiment, while the index remained in the “Fear” zone on Friday.
U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 500 points during the session following the latest inflation data.
U.S. producer prices rose 0.5% month-over-month in January, compared to a revised 0.4% gain in December and above market estimates of 0.3%.
The Nasdaq fell more than 3% in February, recording its weakest monthly performance since last March. The S&P 500, meanwhile, fell almost 1% last month, while the Dow rose around 0.2%.
Nvidia Corp. (NASDAQ:NVDA) fell 4.2% on Friday, extending Thursday’s 5.4% decline. Netflix Inc. (NASDAQ:NFLX) bucked the trend, rallying almost 14% after walking away from a bidding war for Warner Bros. Discovery Inc.