Dow Falls Over 150 Points Even As Citi, Bank Of America Earnings Beat Expectations: Greed Index Remains In 'Extreme Fear' Zone

The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Tuesday.

U.S. stocks settled lower on Tuesday, with the Dow Jones index falling more than 150 points during the session as investors assessed recent earnings reports.

Citigroup Inc. C posted better-than-expected earnings for its first quarter. Bank of America Corporation BAC also reported stronger-than-expected earnings for its first quarter.

On the economic data front, the NY Empire State Manufacturing Index climbed to -8.1 in April compared to -20 in the previous month.

U.S. export prices came in unchanged in March compared to a revised 0.5% gain in February. U.S. import prices fell by 0.1% in March 2025 compared to a revised 0.2% gain in February.

Most sectors on the S&P 500 closed on a negative note, with consumer discretionary, health care, and consumer staples stocks recording the biggest losses on Tuesday. However, information technology and real estate stocks bucked the overall market trend, closing the session higher.

The Dow Jones closed lower by around 156 points to 40,368.96 on Tuesday. The S&P 500 fell 0.17% to 5,396.63, while the Nasdaq Composite slipped 0.05% to 16,823.17 during Tuesday's session.

Investors are awaiting earnings results from Abbott Laboratories ABT, The Travelers Companies Inc. TRV, and The Progressive Corp. PGR today.

What is CNN Business Fear & Greed Index?

At a current reading of 18.4, the index remained in the “Extreme Fear” zone on Tuesday, versus a prior reading of 19.6.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

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