Nasdaq Surges Over 100 Points Following Fed's Rate Cut: Investor Fear Eases Further, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed further easing in the overall fear level, while the index remained in the “Fear” zone on Wednesday.U.S. stocks settled mixed on Wednesday, with the Nasdaq Composite gaining more than 100 points during the session after the central bank lowered rates by 25 basis points to 3.75%-4.00% for the second straight meeting. Fed Chair Jerome Powell cautioned that another cut is "not a foregone conclusion—far from it," pushing back against expectations that had built up across ...