MU - Investor Optimism Improves Slightly; Dow Jumps Over 250 Points | Benzinga
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday.
U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the coming months.
Shares of Accenture Plc (NYSE: ACN) dipped over 9% on Thursday after the company reported results for its fiscal second quarter. Micron Technology, Inc. (NASDAQ: MU) shares surged over 14% after the company reported upbeat results for its second quarter and issued strong third-quarter guidance.
On the economic data front, U.S. initial jobless claims declined ...