Dow Jumps More Than 500 Points Ahead Of Earnings: Investor Fear Eases, Greed Index Remains In 'Fear' Zone
Benzinga·2025-10-21 07:54

Market Overview - The CNN Money Fear and Greed index showed a slight increase in fear, with a current reading of 30.3 compared to 29.1 previously, indicating the index remains in the "Fear" zone [5] - U.S. stocks experienced a positive session, with the Dow Jones index rising approximately 516 points to close at 46,706.58, while the S&P 500 and Nasdaq Composite increased by 1.07% and 1.37% respectively [3] Company Performance - Moderna Inc. was the top gainer in the S&P 500, with shares jumping around 5% following the announcement of new data on investigational flu vaccines to be presented at IDWeek 2025 [2] - Cleveland-Cliffs Inc. saw a significant increase in its stock price, rising more than 21% after reporting third-quarter 2025 results [2] Sector Performance - Most sectors within the S&P 500 closed positively, with communication services, materials, and industrials recording the largest gains, while utilities and consumer staples stocks closed lower [3] Upcoming Earnings - Investors are anticipating earnings results from Coca-Cola Co., General Motors Co., and Netflix Inc. on the day of the report [4]