Nasdaq Tumbles 250 Points: Investor Sentiment Falls Further, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the “Fear” zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the Nasdaq Composite falling around 250 points during the session. Crude oil prices fell sharply on Tuesday as Israel and Iran halted strikes. President Donald Trump said on social media that a U.S. helicopter was shot down while conducting a patrol mission over the Strait of Hormuz. He stated that the aircraft had two pilots on board, both of whom are safe, but added that the U.S. "must respond to the attack." On the economic data front, the U.S. trade deficit shrank to $55.9 billion in April versus a revised $56.6 billion in the previous month, compared to market estimates of $56.1 billion. The ADP said U.S. private employers added an average of 29,000 ... Full story available on Benzinga.com