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Dow Gains 350 Points As SpaceX Jumps In Debut: Investor Sentiment Improves, Greed Index Remains In 'Fear' Zone

Benzinga·
Dow Gains 350 Points As SpaceX Jumps In Debut: Investor Sentiment Improves, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Fear” zone on Friday. U.S. stocks settled higher on Friday, with the Dow Jones index surging more than 350 points during the session. President Donald Trump cast fresh doubt on a U.S.-Iran agreement Friday morning, writing on Truth Social that "the terms that Iran leaked out have nothing to do with the terms that were agreed to, in writing." Shares of Space Exploration Technologies Corp. (NASDAQ: SPCX ) jumped more than 19% on Friday, as the stock debuted on the Nasdaq as the world's biggest IPO ever. On the economic data front, the University of Michigan’s consumer sentiment index surged to 48.9 in early June, from 44.8 in the previous month and topping ... Full story available on Benzinga.com

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