--- title: "S&P 500 Clinches Yet Another Record Close After Jerome Powell's Testimony, Fear & Greed Index Remains In 'Neutral' Zone Ahead Of Key Data" description: "S&P 500 reaches another record close after positive comments on the economy from Federal Reserve Chairman Jerome Powell. Fear & Greed Index remains neutral. Consumer price index and producer price ind" type: "news" locale: "en" url: "https://longbridge.com/en/news/208441181.md" published_at: "2024-07-10T07:52:55.000Z" --- # S&P 500 Clinches Yet Another Record Close After Jerome Powell's Testimony, Fear & Greed Index Remains In 'Neutral' Zone Ahead Of Key Data > S&P 500 reaches another record close after positive comments on the economy from Federal Reserve Chairman Jerome Powell. Fear & Greed Index remains neutral. Consumer price index and producer price index data to be released. NVIDIA shares gain. Major banks to report second-quarter earnings. The CNN Money Fear and Greed index remained in the “Neutral” zone on Tuesday. U.S. stocks closed mixed on Tuesday, with the S&P 500 hitting fresh record as Federal Reserve Chairman Jerome Powell issued positive comments on the economy and the job market during his semiannual testimony before the Senate Banking Committee. Data on consumer price index for June will be released on Thursday, while producer price index data will be released on Friday. **NVIDIA Corporation** NVDA shares gained 2.5% on Tuesday as Keybanc analyst John Vinh maintained the stock with an Overweight rating and boosted the price target from $130 to $180. Most sectors on the S&P 500 closed on a positive note, with financials, health care and utilities stocks recording the biggest gains on Tuesday. However, energy and materials stocks bucked the overall market trend, closing the session lower. The Dow Jones closed lower by around 53 points to 39,291.97 on Tuesday. The S&P 500 rose 0.07% at 5,576.98, while the Nasdaq Composite climbed 0.14% at 18,429.29 during Tuesday's session. Investors are awaiting earnings results from **Manchester United plc** MANU, **PriceSmart, Inc**. PSMT and **AZZ Inc**. AZZ today. Big banks, including, **Citigroup** C and **JPMorgan Chase** JPM are scheduled to report second-quarter earnings on Friday. **What is CNN Business Fear & Greed Index?** At a current reading of 52.3, the index remained in the “Neutral” zone on Tuesday, versus a prior reading of 52.3. The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness. **Read Next:** - **Delta Air Lines Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts** *Stocks Photo by Jirapong Manustrong on Shutterstock* ### Related Stocks - [SMH.US - VanEck Semiconductor ETF](https://longbridge.com/en/quote/SMH.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) - [SPY.US - SPDR S&P 500](https://longbridge.com/en/quote/SPY.US.md) - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md) - [.SPX.US - S&P 500](https://longbridge.com/en/quote/.SPX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 傳 OpenAI 最新融資有望突破 7800 億，亞馬遜、英偉達等參與投資 | OpenAI 即將完成新一輪融資的第一階段，預計融資額將超過 1,000 億美元，創下紀錄。首輪融資主要來自亞馬遜、軟銀、英偉達和微軟等戰略投資者，預計在本月底前確定投資方案。隨著 OpenAI 計劃進行基礎設施投資，公司整體估值可能超過 | [Link](https://longbridge.com/en/news/276419176.md) | | 傳 AMD 將向雲端運算初創 Crusoe 提供逾 23 億貸款擔保 | 超微半導體 (AMD) 將為雲端運算初創公司 Crusoe 提供 3 億美元的貸款擔保，用於採購及部署 AI 晶片。若 Crusoe 無法獲得客户，AMD 將租回其晶片。Crusoe 正轉型為 AI 基礎設施提供商，專注於 AI 雲端及數據 | [Link](https://longbridge.com/en/news/276420524.md) | | 黃仁勳：英偉達將發布幾款前所未有的全新晶片 | 英偉達執行長黃仁勳接受外媒訪問時稱，該企已經為下月的年度 AI 盛會 GTC 2026 準備了幾款前所未有的全新晶片。 他補充，「由於所有技術都已達到極限，所以沒有什麼是容易的」。但強調因擁有一支由英偉達和 SK 海力士的內存工程師組成的團 | [Link](https://longbridge.com/en/news/276419680.md) | | OpenAI 新一輪融資或突破千億美元 據報亞馬遜、軟銀、英偉達及微軟參與投資 | OpenAI 即將完成新一輪融資，預計籌集超過 1000 億美元，估值可能超過 8500 億美元。主要投資者包括亞馬遜、軟銀、英偉達和微軟。融資將分階段進行，預計在本年度內完成。亞馬遜可能投資高達 500 億美元，軟銀 300 億美元，英偉 | [Link](https://longbridge.com/en/news/276297991.md) | | 黃仁勳稱將發佈「令世界驚訝」新晶片「所有技術都已經逼近極限」 | 英偉達執行長黃仁勳在接受《韓國經濟日報》採訪時透露，將於 2026 年 3 月 16 日在聖何塞的 GTC 大會上發布一款「令世界驚訝」的新晶片。他表示，所有技術都已逼近極限，但有信心通過團隊合作克服挑戰。新晶片可能基於 Rubin 架構或 | [Link](https://longbridge.com/en/news/276297645.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.