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Nasdaq Tumbles As Microsoft, Nvidia And Other Tech Stocks Decline: Greed Index Moves To 'Fear' Zone
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the “Fear” zone on Tuesday.
U.S. stocks closed mixed on Monday, with the Dow Jones gaining more than 200 points ahead of earnings results from major companies and the Federal Reserve’s policy decision this week.
Big tech stocks moved lower with shares of Nvidia Corp. (NASDAQ:NVDA) falling 7% and Microsoft Corp. (NASDAQ:MSFT) slipping 0.9% on Tuesday.
On the economic data front, the number of job openings came in at 8.184 million in June compared to a revised 8.23 million in May. The S&P CoreLogic Case-Shiller 20-city home price index rose 6.8% year-over-year in May versus a revised 7.3% ...