KMX - Investor Fear Eases As US Stocks Rise Following Economic Reports | Benzinga
The CNN Money Fear and Greed index moved to the "Fear" zone on Thursday.
U.S. stocks closed higher, with the Dow Jones Industrial Average gaining over 100 points on Thursday.
Investors await the release of the personal consumption expenditures price index, which is Federal Reserve’s preferred inflation gauge, on Friday.
On the economic data front, U.S. jobless claims rose by 2,000 to 204,000 in the week ending Sept. 23, versus market expectations of 215,000. The U.S. economy expanded at an annualized rate of 2.1% during the second quarter, unchanged versus the prior estimate, and versus revised 2.2% expansion in the first quarter.
Shares of Accenture plc (NYSE: ACN) fell over 4% on Thursday after ...