The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index gaining more than 600 points during the session as investors assessed the latest reading of a key consumer inflation.
All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.
The rally came despite gloomy economic data: U.S. inflation accelerated to 2.9% year-over-year …