The overall fear level increased in the US stock markets, after the Wall Street settled slightly lower on Monday, according to the CNN Money Fear and Greed index.
U.S. stocks settled lower on Monday following a volatile trading session on Monday, after recording a biggest monthly surge in two years.
U.S. stocks settled slightly lower after a choppy session on Monday.
Wall Street recorded strong gains last month, with the S&P 500 and the Nasdaq recording their strongest monthly gains in terms of percentage since 2020.
Dogecoin (CRYPTO: DOGE) was trading flat during Monday’s 24-hour trading session, printing a double inside bar pattern in continued consolidation.
An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend.
Shares of Celsius Holdings, Inc. (NASDAQ: CELH) are trading higher today after the company announced a long-term distribution agreement with PepsiCo, Inc.
Shares of Builders FirstSource, Inc. (NYSE: BLDR) are rising today after the company reported better-than-expected second-quarter financial results.
The company reported quarterly revenue of $6.926 billion, which beat the consensus analyst estimate of $5.51 billion.
On CNBC’s “The Final Call,” Carter Worth said that several stocks had rallied substantially to difficult levels. Advanced Micro Devices Inc. (NASDAQ: AMD) and Caterpillar Inc.
The CNN Money Fear and Greed index showed that the overall fear level continued to ease further in the US equity markets, following another surge in the Dow Jones on Friday.
U.S. stocks settled higher on Friday after the Federal Reserve, last week, increased interest rates by 75 bps in a bid to combat the surging inflation level.