Published on 3 May 2024 on Benzinga
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, but the index remained in the “Fear” zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index surging more than 300 points during the session. The U.S. Federal Reserve, on Wednesday, opted to keep the federal funds rate unchanged at 5.25% to 5.5%, as widely expected.