US Stocks Soar, Fear & Greed Index Remains in ‘Greed’ Zone

The US stock market continued its upward trend on Friday, with the Dow Jones hitting a new record high. The S&P 500 also saw significant gains, marking its fourth consecutive winning month. The CNN Money Fear & Greed Index remained in the ‘Greed’ zone, reflecting investor optimism. This positive sentiment comes amidst strong economic data, including a rise in personal income and spending, and a revised-up consumer sentiment index.

US Stocks Surge, Fear & Greed Index Improves, But Still in ‘Fear’ Zone

The US stock market saw positive momentum on Thursday, with the S&P 500 gaining for the sixth consecutive day. Positive economic data, including strong retail sales and a decline in jobless claims, fueled the rally. Key earnings releases from Walmart and Cisco also contributed to the upbeat market sentiment. However, the CNN Money Fear & Greed index, while showing improvement, remained in the ‘Fear’ zone, indicating that investors are still cautious.

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