The CNN Cash Concern and Greed index confirmed some enchancment within the general market sentiment, however the index remained within the “Impartial” zone on Tuesday.
U.S. shares settled greater on Tuesday, with all three main indices closing at document highs throughout the session.
The Bureau of Labor Statistics eliminated 911,000 nonfarm payroll jobs from its rely between April 2024 and March 2025, indicating the labor market had been cooling far sooner than many on Wall Road had anticipated.
Markets briefly dipped within the wake of the information launch. But, main U.S. fairness indices confirmed some restoration by noon in New York because the sharp downward revision in payrolls additional strengthens the case for the Federal Reserve to start slicing rates of interest.
UnitedHealth Inc. UNH jumped greater than 8% on Tuesday after the well being care big provided an upbeat evaluation of its Medicare Benefit enterprise.
Most sectors on the S&P 500 closed on a constructive word, with utilities, well being care and communication companies shares recording the largest beneficial properties on Tuesday. Nonetheless, supplies and industrials shares bucked the general market development, closing the session decrease.
The Dow Jones closed greater by round 196 factors to 45,711.34 on Tuesday. The S&P 500 rose 0.27% to six,512.61, whereas the Nasdaq Composite gained 0.37% to 21,879.49 throughout Tuesday’s session.
Traders are awaiting earnings outcomes from Chewy Inc. CHWY, Daktronics Inc. DAKT and Oxford Industries Inc. OXM at this time.
What’s CNN Enterprise Concern & Greed Index?
At a present studying of 51.3, the index remained within the “Impartial” zone on Tuesday, versus a previous studying of fifty.2.
The Concern & Greed Index is a measure of the present market sentiment. It’s based mostly on the premise that greater concern exerts stress on inventory costs, whereas greater greed has the alternative impact. The index is calculated based mostly on seven equal-weighted indicators. The index ranges from 0 to 100, the place 0 represents most concern and 100 indicators most greediness.
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