The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 500 points during the session.
Stocks recorded gains last month, with the S&P 500 gaining 1.4% and the Dow adding 1.7% for January. The Nasdaq recorded a monthly gain of 1%.
Markets digested the fallout from President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve chair, a move seen as signaling a more hawkish stance on the central bank’s balance sheet.
In earnings, Walt Disney Co. (NYSE:DIS) fell over 7% despite reporting better-than-expected quarterly results. IDEXX Laboratories Inc. (NASDAQ:IDXX) …