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Investor Optimism Improves; S&P 500 Settles At Record High
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the “Neutral” zone on Monday.
U.S. stocks settled higher on Monday, with the S&P 500 closing at fresh record level. All the three major indices recorded gains last week, with the Dow Jones index gaining 0.29% and the S&P 500 rising around 1.32% during the week.
Investors are awaiting the Federal Reserve's interest-rate decision and consumer price index, due on Wednesday.
Diamond Offshore Drilling, Inc. (NYSE:DO) shares jumped around 11% on Monday after the company disclosed that it signed a definitive ...