Investor Fear Eases Following Surge In Tech Stocks
Investor Fear Eases Following Surge In Tech Stocks
The CNN Money Fear and Greed index showed further easing in the fear level among U.S. investors.
US stocks closed higher on Wednesday, with tech stocks leading the gains. Shares of Meta Platforms, Inc. (NASDAQ:META) and Meta Platforms, Inc. (NASDAQ:NFLX) gained more than 2% during the session.
Shares of Micron Technology, Inc. (NASDAQ:MU) gained more than 7% on Wednesday after the chipmaker reported results for its fiscal second quarter.
On the economic data front, pending home sales in the US rose 0.8% month-over-month in February to the highest level since August, versus an 8.1% increase in the previous month and also topping market expectations for a 2.3% decline.
The Dow closed higher by around 323 points to 32,717.60 on Wednesday. The S&P 500 rose 1.42% to 4,027.81, while the Nasdaq Composite added 1.79% to settle at 11,926.24 during the session.
Investors are awaiting earnings results from Manchester United plc (NYSE:MANU), Neogen Corporation (NASDAQ:NEOG) and BlackBerry Limited (NYSE:BB) today.
At a current reading of 40.0, the index remained in the "Fear" zone., versus a previous reading of 38.0
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.
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The CNN Money Fear and Greed index showed further easing in the fear level among U.S. investors.
CNN 貨幣恐懼和貪婪指數顯示美國投資者的恐懼水平進一步放緩。
US stocks closed higher on Wednesday, with tech stocks leading the gains. Shares of Meta Platforms, Inc. (NASDAQ:META) and Meta Platforms, Inc. (NASDAQ:NFLX) gained more than 2% during the session.
美股周三收盤走高，科技股領先上漲。的股份 元平台公司 (納斯達克:元) 和 元平台公司 (納斯達克:NFLX) 在會議期間獲得了超過 2%.
Shares of Micron Technology, Inc. (NASDAQ:MU) gained more than 7% on Wednesday after the chipmaker reported results for its fiscal second quarter.
的股份 美光科技股份有限公司 (NASDAQ: MU) 在晶片製造商公佈了第二財政年度業績之後，星期三上漲了 7% 以上。
On the economic data front, pending home sales in the US rose 0.8% month-over-month in February to the highest level since August, versus an 8.1% increase in the previous month and also topping market expectations for a 2.3% decline.
經濟數據方面，美國待定房屋銷售 2 月份按月上升 0.8%，達到 8 月以來的最高水平，而上個月則增長 8.1%，同時也超過市場預期的 2.3% 跌幅。
The Dow closed higher by around 323 points to 32,717.60 on Wednesday. The S&P 500 rose 1.42% to 4,027.81, while the Nasdaq Composite added 1.79% to settle at 11,926.24 during the session.
道指周三收高 323 點左右收盤，收盤收盤至 32,717.60 點左右。標普 500 指數上漲 1.42% 至 4,027.81，而納斯達克綜合指數上漲 1.79%，收於 11,926.24 點。
Investors are awaiting earnings results from Manchester United plc (NYSE:MANU), Neogen Corporation (NASDAQ:NEOG) and BlackBerry Limited (NYSE:BB) today.
投資者正在等待收益結果 曼聯公司 (紐約:馬努), 新基公司 (納斯達克:尼奧格) 和 黑莓有限 (紐約證交所代碼:BB) 今天。
At a current reading of 40.0, the index remained in the "Fear" zone., versus a previous reading of 38.0
在目前的 40.0 讀數時，該指數保持在「恐懼」區域。，而之前的 38.0 讀數
What is CNN Business Fear & Greed Index?
什麼是 CNN 商業恐懼與貪婪指數？
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.
恐懼與貪婪指數是衡量當前市場情緒的衡量標準。它是基於較高的恐懼對股價施加壓力的前提，而更高的貪婪則具有相反的效果。該指數是根據七個相等加權指標計算的。索引範圍從 0 到 100，其中 0 代表最大恐懼和 100 個信號最大貪婪。
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