•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled mostly lower on Monday, with the Nasdaq Composite snapping a 13-session win streak during the session amid renewed U.S.-Iran tensions.
The U.S. Navy seized the Iranian cargo ship TOUSKA in the Gulf of Oman over the weekend, and President Donald Trump signalled that it is “highly unlikely” he will extend the ceasefire with Iran, which ends tomorrow.
Despite Monday’s pullback, stocks recorded sharp gains last week, with the Dow adding 3.2% and the S&P 500 surging 4.5%.
The Dow Jones closed lower by around 5 points to 49,442.56 on Monday. The S&P 500 fell 0.24% to 7,109.14, while the Nasdaq Composite fell 0.26% to 24,404.39.
Most sectors on the S&P 500 closed on a positive note, with materials, financials and real estate among the biggest gainers. Communication services and health care stocks closed lower.
In earnings, shares of Cleveland-Cliffs Inc. fell more than 2% on Monday after the company reported results for the first quarter.
At a current reading of 69.9, the index remained in the “Greed” zone on Monday, versus a prior reading of 68.
The Fear & Greed Index measures 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 from seven equal-weighted indicators and ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
