MOMO - Investor Optimism Improves; Jobs Data In Focus | Benzinga
The CNN Money Fear and Greed index showed some improvement in overall market sentiment, while the index remained in the "Greed" zone on Thursday.
U.S. stocks closed higher on Thursday, with the Dow Jones and S&P 500 snapping their three-day losing streaks.
On the economic data front, U.S. initial jobless claims rose by 1,000 to 220,000 in the week ending Dec. 2, compared to market estimates of 222,000. U.S.-based employers announced plans to reduce 45,510 jobs during November.
Data on the U.S. jobs report will be released on Friday, with analysts expecting the US economy to add 180,000 jobs in November.