Investor Optimism Improves Further; S&P 500 Settles At Record High

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The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Extreme Greed” zone on Thursday.

U.S. stocks closed higher on Thursday, with the S&P 500 jumping to fresh highs during the session. The Dow Jones index also topped the 39,000 mark for the first time ever.

NVIDIA Corporation (NASDAQ: NVDA) shares rose around 16.4% on Thursday after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates. Shares of Keurig Dr Pepper Inc. (NASDAQ: KDP) fell around 3.9% on Thursday after the company released results for its fourth quarter.

On the economic data front, U.S. initial jobless claims …

Full story available on Benzinga.com


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