WHR - Investor Sentiment Decreases Slightly Following PCE Inflation Data; S&P 500 Snaps Six-Session Win Streak | Benzinga
The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, but the index remained in the "Extreme Greed" zone on Friday.
U.S. stocks closed mixed on Friday, with the S&P 500 snapping a six-day winning streak. However, the broad market index recorded gains last week. The S&P 500 gained around 1.1%, while the blue-chip Dow added about 0.7% last week.
Shares of American Express Company (NYSE: AXP) gained more than 7% on Friday after the company reported fourth-quarter financial results, issued FY24 guidance, and said it plans to increase its dividends. Colgate-Palmolive Company (NYSE: CL) shares gained 2% after reporting upbeat fourth-quarter financial results.
On the economic data front, the headline PCE annual ...