Fear & Greed Index Remains In 'Extreme Greed' Zone After Dow Snaps 3-Session Losing Streak

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

U.S. stocks closed higher on Monday after all three major indices fell last week, with the Dow Jones losing around 2%, recording its worst weekly performance since March.

The consumer price index is scheduled for release on Wednesday, while the producer price index will be released on Thursday.

Helen of Troy Limited HELE shares jumped over 18% on Monday after the company reported better-than-expected first-quarter financial results and issued guidance.

The Dow Jones closed higher by around 210 points to 33,944.40 on Monday. The S&P 500 rose 0.24% at 4,409.53, while the Nasdaq Composite added 0.18% at 13,685.48 during the session.

Investors are awaiting earnings results from Byrna Technologies Inc. BYRN today.

At a current reading of 78.0, the index remained in the "Extreme Greed" zone, versus a previous reading of 78.0

What is CNN Business Fear & Greed Index?

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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