The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Monday.
U.S. stocks settled mostly higher on Monday, with the Nasdaq Composite jumping more than 200 points during the session. The Dow Jones index also notched fresh record highs on Monday after recording sharp gains in the previous session.
Nvidia Corp. (NASDAQ:NVDA) and Broadcom Inc. (NASDAQ:AVGO) moved higher again on Monday, extending their gains from the prior session. Shares of Oracle Corp. (NYSE:ORCL) jumped around 10% on Monday after D.A. Davidson upgraded the stock from Neutral to Buy.