Nasdaq Gains Over 300 Points Following Inflation Data: Investor Sentiment Declines, Greed Index Moves To 'Fear' Zone
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday.U.S. stocks settled higher on Thursday, with the Nasdaq Composite gaining more than 300 points during the session as risk appetite snapped back after a cooler-than-expected inflation report revived hopes for rate cuts and a blowout earnings outlook from Micron Technology Inc. (NASDAQ:MU) eased AI bubble fears.Micron Technology rocketed 10% on Thursday after beating estima ...