Dow Jumps Over 600 Points As Fed’s Waller Hints At Rate Hold: Investor Sentiment Improves, But Fear & Greed Index Remains In ‘Fear’ Zone
U.S. stocks surged on rate hopes; Fear & Greed improved to 35 but stayed in fear. Snowflake jumped, while Broadcom fell on weak guidance.
Stock prices went up because people think the Federal Reserve might stop raising interest rates, which makes borrowing easier. Watch how companies do their jobs and whether people stay hopeful, because the market is still nervous overall even though today was better.
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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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