S&P 500 Settles Above 7,200: Investor Sentiment Improves, Fear Index Remains In ‘Greed’ Zone

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The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.

U.S. stocks settled higher on Thursday, with the S&P 500 recording its first settlement above the 7,200 level.

In earnings, Caterpillar (NYSE:CAT) shares jumped around 10% on Thursday after the company reported stronger-than-expected quarterly results. Shares of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) jumped 10% following strong first-quarter revenue. However, Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NASDAQ:MSFT) shares lost 8.6% and 3.9%, respectively, following quarterly results.

President Donald Trump kept the Iran story front and center, saying that European leaders should stop “interfering with those that are getting rid of the Iran Nuclear threat” and doubling …

Full story available on Benzinga.com

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