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Investor Fear Eases Ahead Of Fed Decision

The CNN Money Fear and Greed index showed some easing in the fear level among U.S. investors. US stocks recorded gains for the second session in a row on Tuesday after Treasury Secretary Janet Yellen offered some reassuring words for the U.S. banking system. Shares of regional banks moved higher on Tuesday, with the SPDR Regional Banking ETF climbing almost 6%.

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S&P 500 Hit 4,000, Bank Stocks Soar, Treasury Yields Rise, As Worries Over Banking Crisis Ease – Traders Await FOMC

It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence over the b

BAC