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Investor Optimism Improves, Dow Rises For 6th Straight Session
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday.
U.S. stocks settled mixed on Wednesday, with the Dow Jones index recording gains for the sixth consecutive session.
Uber Technologies, Inc. (NYSE:UBER) shares tumbled 5.7% on Wednesday following worse-than-expected first-quarter financial results. Tesla, Inc (NASDAQ:TSLA) shares fell 1.7% following reports that U.S. prosecutors are looking into whether Tesla misled investors and customers about its self-driving technology.
On the economic data front, U.S. wholesale inventories fell by ...