CING - Fear & Greed Index Remains In 'Extreme Greed' Zone; S&P 500 Hovers Near Record High | Benzinga
The CNN Money Fear and Greed index remained in the "Extreme Greed" zone on Thursday.
U.S. stocks closed mostly higher on Thursday, with the S&P 500 ending the session just 0.3% down from its record closing level, notched on Jan. 3, 2022.
Traders see a 74.1% chance that the Fed will cut rates by 25 basis points in March.
On the economic data front, U.S. initial jobless claims rose by 12,000 to 218,000 in the week ending Dec. 23, compared to market estimates of 210,000. The U.S. trade deficit in goods increased to $90.3 billion in November versus a revised $89.6 billion in the ...