Dow Jumps 350 Points Following Positive Economic Data: Investor Fear Eases, But Greed Index Remains In 'Extreme Fear' Zone

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

U.S. stocks settled higher on Monday, with the Dow Jones index surging more than 350 points during the session. All three of the major indices recorded back-to-back gains.

Despite gains recorded on Monday, US stocks recorded losses last week. The Dow dipped around 3.1% to record its worst week since March 2023. The S&P 500 dipped more than 2%, recording its fourth straight losing week.

Guess?, Inc. (NYSE:GES) shares jumped 30% on Monday after the company announced it received a non-binding proposal from WHP Global to acquire the company for $13 per share in cash. Baidu Inc. (NASDAQ:BIDU) ...