S&P 500 Hits New Record High: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone - Apple (NASDAQ:AAPL), Micron Technology (NASDAQ:MU)
Benzinga·2025-12-26 08:33

Market Sentiment - The CNN Money Fear and Greed index improved to a reading of 58.7, remaining in the "Greed" zone, up from 57.7 [4] - U.S. stocks experienced a positive session, with the Dow Jones gaining over 250 points and the S&P 500 reaching new record highs [1] Company Performance - Nike shares rose following Apple CEO Tim Cook's disclosure of purchasing 50,000 shares at $58.97 each [2] - Micron Technology's stock increased by approximately 4%, extending its post-earnings rally to 27% over the last five sessions [2] Economic Indicators - U.S. initial jobless claims decreased by 10,000 to 214,000 for the week ending December 20, which was better than market expectations of 223,000 [2] Sector Performance - Most sectors in the S&P 500 closed positively, with consumer staples, real estate, and utilities showing the largest gains, while energy stocks declined [3] - The Dow Jones closed at 48,731.16, up around 289 points, while the S&P 500 rose 0.32% to 6,932.05, and the Nasdaq Composite increased by 0.22% to 23,613.31 [3]

S&P 500 Hits New Record High: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone - Apple (NASDAQ:AAPL), Micron Technology (NASDAQ:MU) - Reportify