Fear & Greed Index Remains In 'Fear' Zone; Nasdaq Records 7-Day Winning Streak

Fear & Greed Index Remains In 'Fear' Zone; Nasdaq Records 7-Day Winning Streak

Grand News Network / November 7, 2023 7:30 AM

The CNN Money Fear and Greed index remained in the "Fear" zone on Monday.

U.S. stocks closed slightly higher on Monday, with the Nasdaq Composite recording gains for seven days for the first time since January.

Last week, the Dow Jones recorded its biggest weekly gain since Oct. 2022, while the S&P notched its best week since Nov. 2022. Last week, the U.S. Federal Reserve kept rates unchanged for a second consecutive meeting.

Yields also moved higher, with the 10-year Treasury yield gaining to 4.653% on Monday.

Kosmos Energy Ltd (NYSE: KOS) reported better-than-expected earnings for its third ...

Full story available on Benzinga.com


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