Market Sentiment - The CNN Money Fear and Greed index improved to a reading of 53.4, remaining in the "Neutral" zone, up from a previous reading of 50.4 [5] - U.S. stocks mostly closed higher, with the Nasdaq Composite rising over 1% and achieving new all-time intraday and closing highs, driven by a surge in technology stocks [1] Company Performance - Advanced Micro Devices Inc. (NASDAQ:AMD) saw a significant increase of over 11%, while Micron Technology Inc. (NASDAQ:MU) gained around 6% [2] - AMD's recent gains follow its landmark investment in OpenAI, marking its strongest three-day rally since April 2016 [2] Sector Performance - Most sectors in the S&P 500 closed positively, with industrials, information technology, and utilities stocks showing the largest gains [3] - In contrast, energy and financial stocks closed lower, bucking the overall market trend [3] Upcoming Earnings - Investors are anticipating earnings results from PepsiCo Inc. (NASDAQ:PEP), Delta Air Lines Inc. (NYSE:DAL), and Levi Strauss & Co. (NYSE:LEVI) [4]
Nasdaq Settles At Record High: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone