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Investor Sentiment Improves After S&P 500 Hits Another Record Close On Tuesday

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Fear” zone on Tuesday. U.S. stocks recorded gains on Tuesday, with the S&P 500 gaining to a new record level during the session. On the economic data front, U.S. retail sales rose 0.1% month-over-month in May compared to a revised 0.2% decline in April and missing market expectations of a 0.2% gain. U.S. industrial production increased 0.9% month-over-month in May, topping market estimates of a 0.3% gain. Nvidia Corp. (NASDAQ:NVDA) shares gained 3.5% on Tuesday to surpass Microsoft (NASDAQ:MSFT), claiming ...