KR - Investor Sentiment Improves Further S&P 500 Surges To Fresh High | Benzinga
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, with the index moving to the "Extreme Greed" zone on Thursday.
U.S. stocks closed higher on Thursday, with the S&P 500 surging to a record high level during the session.
Addressing the Senate Banking Committee, Fed Chair Jerome Powell indicated that the Fed is not too far from being confident enough to cut rates, suggesting a growing inclination among policymakers to initiate easing policy this year.
Kroger Company (NYSE: KR) reported better-than-expected earnings for its fourth quarter. BJ’s Wholesale Club Holdings Inc (NYSE: BJ) reported downbeat sales for its fourth quarter.
On the economic data ...