The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Monday.
U.S. stocks settled lower on Monday, with the Nasdaq Composite falling more than 100 points during the session. The S&P 500 fell 0.6% last week, while the 30-stock Dow gained 1.1% on the week.
Traders are focused on Tuesday’s release of official October and November payroll data alongside October retail sales.
According to Fed futures, markets assign only a 24% probability to another 25-basis-point rate cut in January. Investors broadly price in two cuts next year.
Tesla Inc. (NASDAQ:TSLA) led gains among mega-cap stocks. Shares climbed around 4%, marking the 12th gain in the past 15 sessions and pushing prices near record highs last seen in December …