SIG - S&P 500 Notches Record High For 4th Day Market Sentiment Dips To 'Fear' Zone Following PPI Report | Benzinga
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the “Fear” zone on Thursday.
U.S. stocks settled mixed on Thursday, with the S&P 500 recording a fourth consecutive closing record.
On the economic data front, U.S. producer prices fell by 0.2% month-over-month in May versus market estimates of a 0.1% gain following a 0.5% increase in April. U.S. initial jobless claims rose by 13,000 to 242,000 in the week ending June 8, compared to market estimates of 225,000.
The Federal Reserve decided to keep interest rates unchanged within the 5.25-5.50% range for the seventh consecutive ...