Nasdaq Gains Over 100 Points Following Inflation Data: Investor Sentiment Edges Higher, Fear Index Remains in ‘Greed’ Zone
Index shows improvement in market sentiment, Nasdaq up 100 points on inflation data. NFIB and home sales rise.
The Nasdaq stock index went up by 100 points because new inflation numbers looked better than expected, which made investors feel a little more hopeful. When investors feel hopeful instead of scared, it can mean they're more willing to buy stocks, but it doesn't tell us whether prices will keep going up.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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