Market Sentiment - The CNN Money Fear and Greed index showed a decline in overall market sentiment, remaining in the "Neutral" zone with a reading of 52.4, down from 53.6 [5] - U.S. stocks settled higher on Monday, with the Nasdaq Composite gaining more than 100 points during the session [1] Company Performance - Nvidia Corp. shares closed higher by around 2%, with other AI stocks like Advanced Micro Devices and Micron Technology also recording gains [1] - Robinhood Markets Inc. surged 12% after the CEO announced over four billion event contracts traded on the platform since launch [2] Economic Indicators - U.S. pending home sales surged by 4% in August, marking the sharpest gain in five months, compared to a 0.4% decline in the previous month [3] - Most sectors on the S&P 500 closed positively, with information technology, financial, and consumer discretionary stocks showing the biggest gains, while energy and communication services stocks closed lower [3] Index Performance - The Dow Jones closed higher by around 69 points to 46,316.07, the S&P 500 rose 0.26% to 6,661.21, and the Nasdaq Composite gained 0.48% at 22,591.15 during Monday's session [4] - Major indices recorded losses last week, with the Nasdaq Composite falling 0.7%, the S&P 500 losing 0.3%, and the Dow falling 0.2% [2] Upcoming Earnings - Investors are awaiting earnings results from Lamb Weston Holdings Inc., Paychex Inc., and Nike Inc. [4]
Nasdaq Gains Over 100 Points: Investor Sentiment Edges Lower, But Fear & Greed Index Remains In 'Neutral' Zone