Dow Jumps Over 600 Points On Fed Rate Bets: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone - Kroger (NYSE:KR)
HuizeHuize(US:HUIZ) Benzinga·2025-09-12 07:47

Market Overview - U.S. stocks experienced a significant rally, with all three major equity benchmarks (S&P 500, Nasdaq 100, and Dow Jones) reaching record highs as investors showed increased interest in risk assets amid expectations of falling interest rates [2] - The Dow Jones closed up approximately 617 points at 46,108.00, while the S&P 500 and Nasdaq Composite rose by 0.85% to 6,587.47 and 0.72% to 22,043.07, respectively [4] Economic Indicators - The CNN Money Fear and Greed index improved to a reading of 52.9, indicating a "Neutral" market sentiment, up from a previous reading of 49.9 [5] - U.S. inflation rose to 2.9% year-over-year in August, and weekly jobless claims increased to 263,000, the highest level since October 2021 [2] Company Performance - Kroger Co. reported better-than-expected second-quarter earnings, indicating strong performance in the retail sector [3] - The Lovesac Co. saw a decline of around 15% after revising its FY2026 GAAP EPS guidance downward and narrowing its sales outlook [3] - Most sectors within the S&P 500 closed positively, particularly consumer discretionary, health care, and materials, while energy stocks experienced a slight decline [3]