TSM - S&P 500 Settles Above 5600 For First Time Ahead Of Inflation Data Fear Index Moves To 'Greed' Zone | Benzinga
The CNN Money Fear and Greed index showed an improvement in overall market sentiment, with the index moving to the “Greed” zone on Wednesday.
U.S. stocks closed higher on Wednesday, with the S&P 500 surging past the 5,600 mark for the first time. The Nasdaq Composite also jumped to an all-time high during the session.
On the economic data front, U.S. wholesale inventories increased by 0.6% month-over-month in May compared to a 0.2% gain in the previous month. Data on consumer price index for June will be released today, while producer price index data will be released on Friday.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares ...