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Fear & Greed Index Moves To 'Neutral' Zone As S&P 500 Hits Record High After Friday Jobs Data

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the “Neutral” zone on Friday. U.S. stocks closed higher on Friday following the release of jobs data, with the S&P 500 surging to a fresh high during the session. All three major indices closed higher last week, with the Nasdaq Composite jumping 3.5%, and the S&P 500 adding around 2% during the period. The Dow, meanwhile, added around 0.7% last week. Nonfarm payrolls increased by 206,000 last month, slowing down by 12,000 from May, but above economist expectations of 189,000, with predictions ranging from 150,000 to 237,000. The unemployment rate ticked slightly higher from 4% to 4.1% ...