US Stocks Settle At Record Highs: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone
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U.S. stocks reached record highs on Tuesday, with the Dow Jones up 196 points, the S&P 500 rising 0.27%, and the Nasdaq gaining 0.37%. The CNN Money Fear and Greed index improved slightly to 51.3, remaining in the 'Neutral' zone. The Bureau of Labor Statistics revised nonfarm payrolls down by 911,000, suggesting a cooling labor market, which may prompt the Federal Reserve to cut interest rates. UnitedHealth Inc. surged over 8% after a positive outlook on its Medicare Advantage business, while some sectors like materials and industrials closed lower.
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