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

U.S. stocks settled mixed on Tuesday, with the Nasdaq Composite gaining more than 300 points during the session as a powerful semiconductor rally swept across Wall Street, led by Micron Technology Inc. (NASDAQ:MU), with shares that surged 19% — putting the stock up more than 200% year-to-date and on track for its best trading day since April 2025.

The S&P 500 gained 0.9% last week, notching its eighth consecutive winning week. The Dow surged 2.1%, while the Nasdaq rose 0.5% last week.

In earnings, shares of AutoZone Inc. (NYSE:AZO) fell 9% on Tuesday after reporting third-quarter results.

On the economic data front, the S&P Cotality Case-Shiller Home Price Index increased 0.8% year-over-year in March, following a 0.9% gain in February. The Chicago Fed National Activity Index climbed to +0.14 in April versus a revised reading of –0.15 in March.

Most sectors on the S&P 500 closed on a positive note, with information technology, materials and industrials stocks recording the biggest gains on Tuesday. However, consumer staples and energy stocks bucked the overall market trend, closing the session lower.

The Dow Jones closed lower by around 118 points to 50,461.68 on Tuesday. The S&P 500 rose 0.61% to 7,519.12, while the Nasdaq Composite gained 1.19% at 26,656.18 during Tuesday's session.

Investors are awaiting earnings results from DICK’S Sporting Goods Inc. (NYSE:DKS), HP Inc. (NYSE:HPQ) and Salesforce Inc. (NYSE:CRM) today.

What Is CNN Business Fear & Greed Index?

At a current reading of 60.7, the index remained in the “Greed” zone on Tuesday, versus a prior reading of 59.

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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