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Investor Optimism Improves After Dow Snaps 4-Week Losing Streak

The CNN Money Fear and Greed index showed an improvement in overall sentiment among US investors. US stocks moved higher on Friday as Treasury yields fell from their recent highs after investors digested comments from the Federal Reserve officials. The Dow Jones added around 1.75% last week, snapping a four-week losing streak.

CIEN

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US Stocks Look To Close Volatile Week On A High — Fed’s Preferred Inflation Gauge, New Home Sales Data, Tesla, AMC In Spotlight

Stocks could be in for a higher opening on Friday, as indicated by the trading in the index futures. Key economic data will have a bearing on the day’s market direction, although conviction in the potential move could be less due to the thin trading volume that is characteristic of pre-holiday trade.

AMC