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Investor Optimism Improves, Nasdaq Settles At Record High

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday. U.S. stocks settled mostly higher on Friday, with the Nasdaq index settling at a fresh record high during the session. The tech-heavy Nasdaq also outperformed last week recording a gain of 1.41%. However, the Dow Jones index declined 2.33% last week, recording its first negative week in five. Traders are seeing less than a 50% chance that the US Federal Reserve will slash interest rates at its September meeting. NVIDIA Corporation (NASDAQ:NVDA) shares gained around 2.6% on Friday after the company reported better-than-expected financial results for its first ...