WM - Investor Optimism Improves; S&P 500 Settles Above 5000 Level | Benzinga
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the "Extreme Greed" zone on Friday.
U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P gaining 1.4% and the Dow adding 0.04% last week.
Newell Brands Inc (NASDAQ: NWL) reported upbeat sales for its fourth quarter, but issued a weak forecast. Cloudflare, Inc. (NYSE: NET) reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.
On the economic data front, the ...