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Investor Optimism Edges Lower; S&P 500 Settles Lower For Fifth Session

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks closed mixed on Thursday, with the S&P 500 falling for a fifth straight session. All major indices are also on course to record losses this week, with the S&P 500 falling more than 2% so far during the week. On the economic data front, U.S. initial jobless claims came in unchanged from the previous week at 212,000 for the week ending April 18, down from market expectations of 215,000. The Philadelphia Fed Manufacturing Index increased 12 points to a reading ...