Nasdaq Gains 150 Points But Records Losses For November: Fear & Greed Index Remains In 'Extreme Fear' Zone

Market Overview - U.S. stocks experienced gains on Friday, with the Nasdaq Composite rising for the fifth consecutive session as hopes for interest rate cuts increased and risk appetite returned across technology, cryptocurrency, and commodities sectors [2][3] - The Nasdaq recorded a nearly 2% decline in November, while the S&P 500 and Dow posted slight gains during the same month [2] - The Dow increased by over 3% last week, and the S&P 500 surged almost 4%, with the Nasdaq Composite climbing over 4% during the week [2] Federal Reserve Expectations - Traders currently estimate an 88% probability that the Federal Reserve will reduce interest rates by 25 basis points at the upcoming meeting on December 10, a significant increase from a 50% chance the previous week [3] Sector Performance - Most sectors within the S&P 500 closed positively, with energy, communication services, and consumer discretionary stocks showing the largest gains on Friday [4] - In contrast, healthcare stocks did not follow the upward trend and closed lower [4] Notable Company Movements - Intel Corp. led the S&P 500 with a gain of over 10%, as investors returned to buy previously beaten-down technology stocks [3] - Investors are anticipating earnings results from MongoDB Inc., Vestis Corp., and Credo Technology Group Holding Ltd. [5]