The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones index jumping more than 800 points during the session following a speech by Federal Reserve Chair Jerome Powell at the central bank’s annual Jackson Hole Symposium. Powell sent a clear signal that the central bank is preparing to shift its stance on interest rates as early as next month.
Shares of Workday, Inc. (NASDAQ:WDAY) fell around 3% on Friday after the company reported second-quarter results and issued third-quarter sales guidance below estimates. Additionally, …