Investor Fear Eases After US Stocks Snap 4-Session Losing Streak

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The CNN Money Fear and Greed index remained in the “Fear” zone on Monday. U.S. stocks closed higher on Monday, with all three major indices snapping four-session losing streaks. On the economic data front, the Chicago Fed National Activity Index declined to -0.16 in August versus a revised reading of 0.07 in July. Amazon Inc. (NASDAQ: AMZN) shares gained 1.7% on Monday after the company announced a strategic investment of up to $4 billion in Anthropic, an emerging AI company, as the e-commerce giant seeks to harness the potential of artificial intelligence in diverse applications across its bu…

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