WSM - Investor Sentiment Improves Following Inflation Data Dow Jumps Over 200 Points | Benzinga
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the "Greed" zone on Tuesday.
U.S. stocks closed higher on Monday, following the release of inflation data. In February 2024, the inflation rate climbed to 3.2% compared to the previous year, surpassing both the previous and expected rate of 3.1%. On a monthly basis, the core CPI increased by 0.4%, in line with January’s figure and exceeding the predicted 0.3% rise.
Shares of Ranpak Holdings Corp. (NYSE: PACK) jumped around 52% on Tuesday after the company reported better-than-expected fourth-quarter revenue results and issued FY24 ...