Nasdaq Dips Over 1% But Records Gains For August: Investor Sentiment Declines, Fear Index Remains In 'Greed' Zone

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

U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 1% during the session. However, all major indices recorded gains for August.

The 30-stock Dow gained more than 3% in August, while the S&P 500 recorded around 2% surge. The tech-heavy Nasdaq also gained around 1.6% during the month.

On the economic front, the Personal Consumption Expenditures price index—the Fed's broad measure of inflation—increased 2.6% from a year earlier in July, right in line with Wall Street expectations. U.S. personal income increased by 0.4% month-over-month to $25.905 trillion in July, while personal ...