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Nasdaq Surges 1% As Alphabet, Apple Gain: Investor Sentiment Edges Lower, Fear & Greed Index Remains In 'Neutral' Zone
Benzingaยท2025-09-04 07:34

Company Performance - Shares of Alphabet Inc. jumped over 9% after a U.S. court issued remedies in the DOJ antitrust case, which were less severe than anticipated [2] - Apple Inc. gained about 4% as the ruling allows Google to continue paying for default search placement on iOS, preserving a significant revenue stream for Apple [2] - Campbell's Co. saw a 7% increase in shares after reporting better-than-expected earnings for the fourth quarter [3] - Macy's Inc. shares surged more than 20% following second-quarter results that exceeded estimates and an increase in FY2025 guidance [3] Economic Indicators - U.S. job openings decreased by 176,000 to 7.18 million in July 2025, below market expectations of 7.4 million [4] - New orders for U.S.-manufactured goods fell by 1.3% month-over-month to $603.6 billion in July, following a 4.8% decline in the previous month [4] Market Sentiment - The CNN Money Fear and Greed index showed a slight decline to 52.0, remaining in the "Neutral" zone [1][7] - Most sectors on the S&P 500 closed negatively, with industrials, energy, and materials stocks experiencing the largest losses, while communication services and information technology stocks closed higher [5] - The Dow Jones closed lower by approximately 25 points, while the S&P 500 rose 0.51% and the Nasdaq Composite climbed 1.02% during the session [5]