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Fear & Greed Index Moves To ‘Greed’ Zone Following Inflation Data; Dow Tumbles Over 500 Points

The CNN Money Fear and Greed index showed decline in the overall market sentiment, with the index moving to the "Greed" zone on Tuesday. U.S. stocks closed lower on Tuesday following the release of inflation data, with the Dow Jones index dipping more than 500 points during the session.

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Markets Tumble, VIX Up 8% On Hot Inflation Data, Dollar, Yields Jump As Traders Unwind Rate Cut Bets: What’s Driving Markets Tuesday?

Wall Street witnessed one of the worst sessions since the beginning of the year, with widespread declines across the board as stocks were hit by the impact of a higher-than-expected inflation report.

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