Nasdaq Dips 150 Points Amid Gain In Oil Prices: Fear & Greed Index Remains In 'Extreme Fear' Zone

Market Sentiment - The CNN Money Fear and Greed index indicates an increase in overall fear, remaining in the "Extreme Fear" zone with a current reading of 8.7, down from a prior reading of 14.5 [1][4]. - The Fear & Greed Index measures market sentiment, where higher fear pressures stock prices, and higher greed has the opposite effect [5]. Stock Market Performance - U.S. stocks showed mixed results, with the Nasdaq Composite falling over 150 points amid rising oil prices [1]. - The S&P 500 experienced its fifth consecutive weekly decline, dropping 2.1% last week, while the Nasdaq decreased by 3.2% and the Dow fell by 0.9% [1]. - On Monday, the Dow Jones closed higher by approximately 50 points at 45,216.14, while the S&P 500 fell 0.39% to 6,343.72, and the Nasdaq Composite dipped 0.73% to 20,794.64 [3]. Sector Performance - Most sectors in the S&P 500 ended positively, with utilities, consumer staples, and financial stocks showing the largest gains [3]. - Conversely, industrials and information technology stocks closed lower, bucking the overall market trend [3]. Economic Indicators - The Dallas Fed manufacturing index declined to -0.2 in March from a previous reading of 0.2 [2].