S&P 500 Settles Over 6,500: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone

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

U.S. stocks settled higher on Thursday, with the Nasdaq Composite gaining more than 100 points during the session. The S&P 500 also hit another all-time closing high on Thursday.

On the economic front, U.S. GDP growth for the second quarter was revised higher to 3.3% from an earlier 3.1% estimate, rebounding sharply from a 0.5% contraction in the first quarter.

Meanwhile, a legal battle officially began between Federal Reserve Governor Lisa Cook and President Donald Trump, potentially changing what the agency has ...