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Nasdaq Settles Higher As Nvidia Records Best Session Since February: Fear & Greed Index Now In 'Neutral' Zone As Investor Sentiment Improves
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday.
U.S. stocks settled higher on Wednesday, after the Federal Reserve maintained interest rates, as widely expected.
The Nasdaq Composite, however, ended July on a negative note, falling around 0.8%. The S&P 500 gained 1.1% last month, while the Dow added 4.4% to record its best month since December.
On the economic data front, U.S. pending home sales rose by 4.8% from the prior month in June compared to a revised contraction of 1.9%. Private businesses in the U.S. added 122,000 workers to their payrolls in July, versus a revised 155,000 in June.
Nvidia (NASDAQ:NVDA) ...