Nasdaq Surges Over 200 Points Amid Positive Economic Data: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
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U.S. stocks rose on Thursday, with the Nasdaq Composite gaining over 200 points, driven by positive economic data and tech stock rallies. The CNN Money Fear and Greed index improved to 61.6, indicating a sentiment in the 'Greed' zone. Key economic indicators showed a decline in initial jobless claims and an increase in the Philadelphia Fed Manufacturing Index. Notable gains were seen in Intel Corp. and CrowdStrike Holdings, while the Dow Jones and S&P 500 also closed higher. Investors are awaiting earnings from MoneyHero Ltd and Globus Maritime Ltd.
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