Dow Jumps Around 500 Points Following Fed Decision: Greed Index Remains In 'Fear' Zone - Broadcom (NASDAQ:AVGO)

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 higher on Wednesday, with the Dow Jones index gaining around 500 points during the session despite Federal Reserve Chair Jerome Powell striking a neutral tone after the central bank’s third consecutive rate cut, dashing expectations for further easing in January.The Federal Open Market Committee cut the federal funds rate by 25 basis points to 3.50– ...