Stocks
Dow Tumbles Over 250 Points Amid Iran Concerns
The Dow Jones index plummeted over 250 points on Monday as concerns about Iran's rising influence in the Middle East weighed heavily on investor sentiment.
The CNN Money Fear and Greed Index, which measures market sentiment, declined to 59.9, keeping it in the 'Greed' zone but showing a decrease from its previous reading of 64.
Despite this, some sectors bucked the trend, with energy stocks rising against the overall market's downward trend. The New York Fed's Empire State Manufacturing Index also saw a significant surge to 20.6 in August, exceeding market estimates of 11.