The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled mixed on Monday, with the S&P 500 recording gains as markets reacted to the U.S.-EU trade deal struck over the weekend. Under the new trade agreement, the U.S. will impose a 15% tariff on EU imports, including pharmaceuticals and automobiles. Certain sectors, such as steel, aluminum, and copper, will face steeper tariffs of up to 50%.
