Dow Dips Over 400 Points: Fear & Greed Index Remains In 'Extreme Fear' Zone

Market Overview - The CNN Money Fear and Greed index indicates a slight easing in overall fear levels, yet remains in the "Extreme Fear" zone with a current reading of 23.0, up from 18.6 [6][7] - U.S. stocks experienced a decline on Monday, with the Dow Jones falling over 400 points, closing lower by approximately 427 points at 47,289.33 [4] Stock Performance - The Dow Jones index had a strong rally last week, increasing more than 3%, while the S&P 500 and Nasdaq Composite surged nearly 4% [1] - In contrast, the Nasdaq dipped almost 2% last month, while the S&P 500 and Dow recorded slight gains during November [2] Economic Indicators - The S&P Global manufacturing PMI was revised higher to 52.2 in November from a preliminary reading of 51.9, but decreased from October's final reading of 52.5 [3] - The ISM manufacturing PMI fell to 48.2 in November, marking the lowest reading in four months, down from 48.7 in the previous month and missing market estimates of 48.6 [3] Sector Performance - Most sectors on the S&P 500 closed negatively, with utilities, industrials, and healthcare stocks experiencing the largest losses [4] - Conversely, energy and information technology stocks closed higher, bucking the overall market trend [4] Company News - Strategy Inc. (NASDAQ:MSTR), the largest corporate holder of Bitcoin, reduced its 2025 earnings guidance and announced a share sale to build a $1.44 billion reserve [2] - Investors are anticipating earnings results from United Natural Foods Inc. (NYSE:UNFI), Signet Jewelers Ltd. (NYSE:SIG), and CrowdStrike Holdings Inc. (NASDAQ:CRWD) [5]