Dow Closes at Record High, Nasdaq Surges 2%, but Fear & Greed Index Signals Investors Are Still Playing I

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the "Neutral" zone on Monday.

U.S. stocks settled higher on Monday, with the Dow Jones index jumping to a record close on the first trading day of August.

Crude oil prices tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume.

On the earnings front, shares of CNH Industrial NV (NYSE:CNH) gained over 5% on Monday after the company reported better-than-expected second-quarter financial results and raised its FY26 adjusted EPS guidance with its midpoint above estimates.

Makemytrip Ltd (NASDAQ:MMYT) gained more than 8% after the company reported better-than-expected first-quarter adjusted EPS results.