The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, but the index remained in the "Fear" zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index surging more than 300 points during the session. The U.S. Federal Reserve, on Wednesday, opted to keep the federal funds rate unchanged at 5.25% to 5.5%, as widely expected.
On the economic data front, the trade deficit in the US narrowed slightly to $69.4 billion in March versus a revised $69.5 billion gap in February. U.S. initial jobless claims came in unchanged from the previous week at 208,000 during the week ending April 27, compared to market expectations of 212,000.
Data on April nonfarm payrolls will be released today, with economists projecting 240,000 job gains for the month.
QUALCOMM Incorporated (NASDAQ:QCOM) shares jumped around 10% on Thursday after the company reported better-than-expected second-quarter financial results and raised its dividend. DoorDash, Inc. (NASDAQ:DASH) shares dipped over 10% after the company reported mixed first-quarter financial results. Carvana Co. (NYSE:CVNA) shares surged around 34% after the company reported upbeat sales for the first quarter.
Most sectors on the S&P 500 closed on a positive note, with consumer discretionary, real estate and information technology stocks recording the biggest gains on Thursday. However, materials and health care stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 322 points to 38,225.66 on Thursday. The S&P 500 rose 0.91% at 5,064.20, while the Nasdaq Composite jumped 1.51% at 15,840.96 during Thursday's session.
Investors are awaiting earnings results from American Axle & Manufacturing Holdings, Inc. (NYSE:AXL), The Hershey Company (NYSE:HSY), and Fluor Corporation (NYSE:FLR) today.
At a current reading of 36.2, the index remained in the "Fear" zone on Thursday, versus a prior reading of 33.9.
What is CNN Business Fear & Greed Index?
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
CNN的貨幣恐懼和貪婪指數顯示整體市場情緒進一步改善，但該指數週四仍處於 “恐懼” 區域。
美國股市週四收高，道瓊斯指數在該交易日飆升了300多點。正如人們普遍預期的那樣，聯儲局週三選擇將聯邦基金利率維持在5.25％至5.5％不變。
在經濟數據方面，美國3月份的貿易逆差略微縮小至694億美元，而2月份修正後的缺口爲695億美元。截至4月27日的一週，美國首次申請失業救濟人數與前一週持平，爲20.8萬人，而市場預期爲21.2萬人。
4月非農就業數據將於今天公佈，經濟學家預計該月將增加24萬個就業崗位。
高通公司（納斯達克股票代碼：QCOM）週四股價上漲約10％，此前該公司公佈的第二季度財務業績好於預期並提高了股息。DoorDash, Inc.（納斯達克股票代碼：DASH）公佈的第一季度財務業績喜憂參半後，股價下跌了10％以上。Carvana Co.紐約證券交易所代碼：CVNA）公佈第一季度銷售額樂觀後，股價飆升了約34％。
標準普爾500指數的大多數板塊收盤表現樂觀，非必需消費品、房地產和信息技術股週四漲幅最大。但是，材料和醫療保健股逆勢上漲，收盤走低。
道瓊斯指數週四收盤上漲約322點，至38,225.66點。標準普爾500指數上漲0.91％，至5,064.20，而納斯達克綜合指數在週四的交易中上漲1.51％，至15,840.96點。
投資者正在等待美國車橋製造控股有限公司（紐約證券交易所代碼：AXL）、好時公司（紐約證券交易所代碼：HSY）和福陸公司（紐約證券交易所代碼：FLR）今天的收益業績。
該指數目前的讀數爲36.2，週四保持在 “恐懼” 區域，而之前的讀數爲33.9。
什麼是CNN商業恐懼與貪婪指數？
恐懼與貪婪指數是衡量當前市場情緒的指標。它基於這樣的前提，即更高的恐懼會對股價施加壓力，而更高的貪婪會產生相反的效果。該指數是根據七個等權指標計算得出的。該指數的範圍介於 0 到 100 之間，其中 0 表示最大恐懼感，100 表示最大貪婪。
