The stock market is afraid again. Here's what that means for your investments
CNN
It's been a wobbly week on Wall Street and CNN Business' Fear and Greed Index is flashing "Fear."
The stock market is in a weird place. It has fallen in most of the trading sessions this month, and the Fear & Greed Index is sitting at 39: right in the middle of "fear" territory.
Friday might be yet another day of losses, as the three major indexes opened lower. Around mid-morning, the Dow (INDU) was down 0.4%, or about 150 points, while the S&P 500 (SPX) declined 0.6% and the Nasdaq Composite (COMP) fell 0.7%.
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.