Dow Jumps Over 600 Points On Fed Rate Bets: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone
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U.S. stocks surged on Thursday, with the Dow Jones gaining over 600 points, driven by improved investor sentiment and expectations of falling interest rates. The CNN Money Fear and Greed Index remained in the 'Neutral' zone at 52.9, indicating balanced market sentiment. Despite rising inflation at 2.9% and increased jobless claims, major indices like the S&P 500 and Nasdaq also reached record highs. Kroger Co. reported strong earnings, while Lovesac Co. saw a significant drop in stock price. Investors are looking forward to upcoming earnings from Huize Holding Ltd.
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