ZM - Investor Optimism Improves Dow Settles Above 40000 | Benzinga
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday.
U.S. stocks settled higher on Friday, as the Dow Jones index settled above the major 40,000 level for the first time.
U.S. stocks also notched weekly gains, with the Dow gaining 1.2% to record its fifth consecutive weekly gain, while the S&P 500 added 1.5% last week.
On the economic data front, the U.S. leading index fell 0.6% month-over-month for April, versus market expectations for a 0.3% decline.
Shares of GameStop Corp (NYSE:GME) fell ...