Dow Jumps Nearly 600 Points As Recession Fears Ease, Tesla Rallies 12%: Greed Index Moves To 'Fear' Zone

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

U.S. stocks settled higher on Monday, with the Dow Jones index jumping nearly 600 points during the session. The broad-market S&P 500 reported gains last week after recording losses for four straight weeks. The Nasdaq gained 0.2%, while the Dow added 1.2% during the week.

President Donald Trump's softer tone on potential tariffs ahead of the looming April 2, 2025 deadline helped calm nerves. Adding to the optimism, fresh business surveys showed a strong rebound in services activity in March, easing recession worries.

The Chicago Fed National Activity Index rose to 0.18 in February versus a ...