YEXT - Investor Optimism Improves Slightly Following Jobs Data; US Stocks Record Weekly Gains | Benzinga
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.
U.S. stocks settled mostly lower on Friday, following the release of stronger-than-expected jobs report. All the three major indices recorded gains last week, with the Dow Jones index gaining 0.29% and the S&P 500 rising around 1.32% during the week.
On the economic data front, U.S. nonfarm payrolls increased by 272,000 in May, a slowdown from April’s 165,000 and far more than the 180,000 increase anticipated by Econoday. The unemployment rate inched higher from 3.9% to 4%. Average hourly earnings ...