The CNN Money Fear and Greed index showed an increase in overall fear, while it remained in the “Extreme Fear” zone on Friday.

U.S. stocks settled lower on Friday, with the Nasdaq Composite dipping 2% during the session as investors continued monitoring the U.S.-Israel conflict with Iran. U.S. major indices recorded their fourth losing week in a row.

In an official statement, Iran reiterated its hardline stance on the Strait of Hormuz, saying it will not engage in any discussions while under attack.

Interest-rate markets now price in a roughly 50% probability of a Federal Reserve rate hike by October.

In earnings, Xpeng Inc. (NYSE:XPEV) shares fell by more than 8% on Friday after the company reported worse-than-expected fourth-quarter sales results and issued soft first-quarter delivery guidance. Planet Labs PBC