WFC - Fear & Greed Index Moves To 'Greed' Zone Following PPI Data; Nasdaq record Sharp Gains | Benzinga
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the "Greed" zone on Thursday.
U.S. stocks closed mostly higher on Thursday, with the Nasdaq Composite settling at a record level during the session.
On the economic data front, producer prices in the U.S. rose 0.2% month-over-month in March compared to a 0.6% gain in February. However, analysts were expecting a gain of 0.3%. U.S. initial jobless claims declined by 11,000 to 211,000 in the week ending April 6, compared to market estimates of 215,000.
Constellation Brands Inc (NYSE: STZ) reported better-than-expected fourth-quarter earnings on Thursday. ...