S&P 500 Settles At New Record High: Investor Sentiment Improves, Fear & Greed Index Moves To ‘Greed’ Zone

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The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Wednesday.

U.S. stocks settled mostly higher on Wednesday, with the S&P 500 and Nasdaq Composite surging to fresh all-time highs.

President Donald Trump said Wednesday the conflict was “very close to over,” adding that oil prices would “come dropping down.”

In earnings, Morgan Stanley (NYSE:MS) posted better-than-expected earnings for the first quarter. Bank of America Corp (NYSE:BAC) reported upbeat earnings for the first quarter on Wednesday.

On the economic data front, U.S. import prices rose by 0.8% month-over-month in March compared to a revised 0.9% gain in February. U.S. export prices increased by 1.6% month-over-month in …

Full story available on Benzinga.com

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