Fear & Greed Index Moves Back To 'Fear' Zone Amid Sharp Decline In US Stocks

The CNN Money Fear and Greed index moved back to the "fear" zone after the U.S. stocks recorded sharp losses on Tuesday. According to data from the U.S. Bureau of Labor Statistics, the headline CPI rose 8.3% in August, down from 8.5% in July. The August CPI reading came in above average economist estimates of 8%.