Nasdaq Surges Over 600 Points Following Iran Ceasefire: Investor Fear Eases, Fear & 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 Wednesday.

U.S. stocks settled higher on Wednesday, with the Dow Jones index jumping more than 1,300 points during the session as a temporary ceasefire between the U.S. and Iran triggered the biggest single-day oil price collapse in years, easing concerns about energy-driven inflation and sparking a sweeping relief rally from airlines to semiconductors.

In earnings, shares of Aehr Test Systems (NASDAQ:AEHR) jumped more than 25% on Wednesday following third-quarter results. Shares of Delta Air Lines Inc (NYSE:DAL) gained around 4% after the company reported upbeat sales results for the first quarter.

On the …

Full story available on Benzinga.com

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