The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Extreme Fear” zone on Friday.

U.S. stocks settled mixed on Friday, with the Nasdaq Composite falling around 0.2% during the session. The Nasdaq fell 3% last week, while the S&P 500 and the Dow each declined more than 1%.

Investor anxiety over the labor market and the broader economy worsened after the University of Michigan’s consumer sentiment index sank to its lowest level since June 2022.

Notably, the subindex tracking current economic conditions dropped to the worst reading on record since the survey began in 1951.

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