HD - Investor Optimism Improves Ahead Of CPI Report Nasdaq Settles At Record High | Benzinga
The CNN Money Fear and Greed index showed further improvement in overall market sentiment, but the index remained in the “Neutral” zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Nasdaq Composite surging to a new closing record level during the session.
On the economic data front, U.S. producer prices rose 0.5% month-over-month in April compared to a revised 0.1% decline in March and higher than market expectations of 0.3%. Data on consumer prices for April will be released today.
Alibaba Group Holding Limited (NYSE:BABA) reported weaker-than-expected earnings for its fiscal fourth-quarter. ...