Dow Jumps Over 300 Points On First Trading Day Of 2026: Fear & Greed Index Remains In 'Neutral Zone - Micron Technology (NASDAQ:MU), NVIDIA (NASDAQ:NVDA)
Benzinga·2026-01-05 12:13

Market Sentiment - The CNN Money Fear and Greed index showed almost no change in overall market sentiment, remaining in the "Neutral" zone with a reading of 44.6, slightly down from 44.8 [5][6] - U.S. stocks settled mostly higher, with the Dow Jones index gaining over 300 points during the session [1] Stock Performance - The Dow Jones closed higher by approximately 319 points to 48,382.39, while the S&P 500 gained 0.19% to 6,858.47 [4] - Key chip stocks, including Nvidia and Micron Technology, experienced gains during the session [1] Sector Performance - Most sectors on the S&P 500 closed positively, with energy, industrials, and materials stocks recording the biggest gains [4] - Consumer discretionary and communication services stocks closed lower, bucking the overall market trend [4] Company-Specific News - Outlook Therapeutics, Inc. shares dropped over 58% after the FDA issued a complete response letter regarding its biologics license application for the treatment of wet age-related macular degeneration [3]

Outlook Therapeutics-Dow Jumps Over 300 Points On First Trading Day Of 2026: Fear & Greed Index Remains In 'Neutral Zone - Micron Technology (NASDAQ:MU), NVIDIA (NASDAQ:NVDA) - Reportify