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Investor Sentiment Improves Following Jobs Data, Dow Jumps Over 300 Points
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the "Greed" zone on Friday.
U.S. stocks closed higher on Friday, with the Dow Jones index surging more than 300 points during the session. However, all three indices logged losses last week, with the Dow falling 2.27% to record its worst weekly performance in 2024, while the S&P 500 lost 0.95% during the week.
On Friday, Treasury yields moved higher following the release of jobs data from the Labor Department.
U.S. employers added 303,000 nonfarm payrolls in March, marking an increase from the 270,000 reading ...