Dow Gains Over 300 Points Ahead Of Key Earnings: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone

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 gaining more than 300 points during the session ahead of a big week of major earnings reports and interest rate decision from the Federal Reserve. Meanwhile, stocks recorded losses last week, with the 30-stock Dow losing 0.5% and the S&P 500 falling about 0.4%.

Revolution Medicines Inc (NASDAQ:RVMD) shares dropped 17% on Monday following reports suggesting that Merck is no longer in discussions to acquire the company. Steel Dynamics Inc (NASDAQ:STLD) reported downbeat earnings for the fourth quarter on Monday.

On the economic data front, the ...