The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday.

U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling more than 200 points during the session amid a rise in crude oil prices.

Oil rallied despite limited geopolitical reaction after President Donald Trump said Iran is a “state of collapse” and suggested Tehran wants the Strait of Hormuz reopened “as soon as possible.”

Meanwhile, fresh doubts around artificial intelligence spending weighed on tech. Reports that OpenAI missed internal user-growth targets reignited concerns over whether aggressive capital expenditures in AI are justified, triggering broad selling across software and semiconductor names.

In earnings, Coca-Cola Co. (NYSE:KO) reported better-than-expected first-quarter financial results and raised its FY26 adjusted EPS guidance above estimates. General Motors Co. (NYSE:GM) reported upbeat first-quarter financial results.

On the economic data front, the S&P Cotality Case-Shiller Home Price Index increased 0.9% year-over-year in February, easing from 1.2% in the previous month. U.S. private-sector employers added an average of 39,250 jobs a week during the four weeks ending April 11.

Most sectors on the S&P 500 closed on a positive note, with consumer staples, real estate and energy stocks recording the biggest gains on Tuesday. However, information technology and materials stocks closed the session lower.

The Dow Jones closed lower by around 26 points to 49,141.93 on Tuesday. The S&P 500 dipped 0.49% to 7,138.80, while the Nasdaq Composite dipped 0.90% at 24,663.80 during Tuesday's session.

Investors are awaiting earnings results from Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) today.

What Is CNN Business Fear & Greed Index?

At a current reading of 63.8, the index remained in the “Greed” zone on Tuesday, versus a prior reading of 67.5.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

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