The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday.
U.S. stocks settled mixed on Friday, with the S&P 500 closing lower during the session as investors adopted a cautious stance ahead of the Trump-Putin meeting and after data showed a dip in consumer confidence alongside mounting inflation concerns. However, broad market index recorded gains last week.
The Dow jumped 1.74%, while the S&P 500 and Nasdaq rose 0.94% and 0.81%, respectively during the week.
UnitedHealth Group Inc. (NYSE:UNH) shares jumped 12% after Warren Buffett’s Berkshire Hathaway announced it had bought shares, which had previously tumbled by over 40% year-to-date. Intel Corp. (NASDAQ: