Nasdaq Jumps 600 Points Amid Fed Dovish Signals: Fear & Greed Index Remains In 'Extreme Fear' Zone - Alphabet (NASDAQ:GOOGL)
The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Extreme Fear” zone on Monday.U.S. stocks settled higher on Monday, with the Nasdaq Composite surging around 600 points during the session after dovish signals from New York Fed President John Williams on Friday and Governor Christopher Waller on Monday, driving a swift repricing of rate expectations.Traders now assign an 80.9% chance to a 25-basis-point cut at the Dec. 10 Federal Reserve meeting ...