TRV - Investor Sentiment Increases Following Economic Reports; Dow Jumps Over 200 Points | Benzinga
The CNN Money Fear and Greed index showed an improvement in overall market sentiment, but the index remained in the "Greed" zone on Thursday.
U.S. stocks closed higher on Thursday, with the Dow Jones index gaining more than 200 points, snapping a three-day losing streak.
Apple Inc. (NASDAQ: AAPL) shares gained around 3.3% on Thursday after B of A Securities analyst Wamsi Mohan upgraded the stock from Neutral to Buy and raised the price target from $208 to $225. Shares of M.D.C. Holdings, Inc. (NYSE: MDC) jumped over 18% on Thursday after the company announced Sekisui House would acquire it.
On the economic data front, U.S. initial jobless claims fell by 16,000 to 187,000 ...