Markets.News
The CNN Money Fear and Greed indicator revealed a slight decrease in overall fear but remained in the "Fear" zone on Thursday. In the U.S. stock market, the Nasdaq Composite rose by approximately 50 points before the widely anticipated Federal Reserve rate cut next week. Traders are highly confident in a third consecutive 25-basis-point reduction by the Fed, with futures indicating a likelihood of nearly 90%. Dollar General Corp. (NYSE: DG) was the top gainer in the S&P 500, surging by 14% after surpassing earnings expectations and offering optimistic guidance, reaching its highest point since August 2024. Additionally, Salesforce Inc. (NASDAQ: CRM) saw a 4% increase in value following favorable results. For further details, the complete story can be found on Benzinga.com.