The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, with the index moving to the “Neutral” zone on Friday.
U.S. stocks settled lower on Friday, with the Dow Jones falling more than 300 points during the session. The S&P 500 recorded a weekly loss of 2.1%, while the Nasdaq Composite fell around 3.2%. The 30-stock Dow lost 1.2% during the week.
Major tech stocks recorded losses, with Nvidia Corp. (NASDAQ:NVDA) shares falling over 3% on Friday, and Microsoft Corp. (NASDAQ:MSFT) stock losing around 2.8% during the session. However, shares of Tesla Inc. (NASDAQ:TSLA) gained around 3% on Friday.
Shares of vaccine companies settled lower on Friday after President-elect Trump nominated Robert F. ...