The CNN Money Fear and Greed index showed a decline in the overall sentiment among US investors.
US stocks dropped sharply on Tuesday amid concerns over higher interest rates. The benchmark 10-year Treasury yield increased to 3.9%, while the 2-year rate rose to 4.7% during the session.
The Fed is scheduled to release the minutes from its recent meeting on Wednesday.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Wells Fargo boosted the price target for Deere & Company (NYSE: DE) from $485 to $510. Wells Fargo analyst Seth Weber maintained an Overweight rating on the stock. Deere shares fell 0.5% to $431.08 in pre-market trading.
The S&P 500 closed lower on Friday as investors monitored recent inflation reports.
US producer prices rose 0.7% month-over-month in January, while consumer prices in the US rose 0.5% month-over-month in January, the most in three months.
Goldman Sachs and Bank of America now expect three more rate increases this year, up from their prior forecast of two rate hikes.
The CNN Money Fear and Greed index remained in the "Greed" zone after US stocks closed mixed on Friday.
The Dow gained more than 100 points on Friday but closed the week down 0.13% for the week, recording losses for the third straight week. The Nasdaq, however, added 0.59% on the week.
NVIDIA (NVDA) - Analysts at KeyBanc on Friday said, "In semiconductors, we view NVDA as the clear outsized beneficiary of generative AI." To hear more from the analyst call, tune into