Nasdaq Jumps Over 1% On Trump Remarks: Investor Sentiment Improves, Greed Index Remains In ‘Fear’ Zone

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The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Monday.

U.S. stocks settled higher on Monday, with the Nasdaq Composite gaining more than 300 points during the session.

On Monday, President Donald Trump told CBS News in a phone interview that the U.S. campaign against Iran could be nearing its endpoint, saying Tehran’s military capacity has been heavily degraded.

Stocks recorded losses last week, with the S&P 500 losing 2% and the 30-stock Dow dropping 3%. The tech-heavy Nasdaq also declined 1.2% during the week.

In earnings, shares of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) gained around 5% on Monday after the company released results for the fourth …

Full story available on Benzinga.com

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