Dow Jumps More Than 250 Points: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone - Karman Holdings (NYSE:KRMN), Kratos Defense & Security (NASDAQ:KTOS)
Benzinga·2026-01-09 09:34

Market Sentiment - The CNN Money Fear and Greed index improved, moving to the "Neutral" zone with a current reading of 46.0, up from 43.7 [5][6] - U.S. stocks showed mixed results, with the Dow Jones index gaining over 250 points, closing higher by around 270 points to 49,266.11 [1][4] Sector Performance - Defense stocks experienced significant gains, with Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) rising 14%, Red Cat Holdings, Inc. (NASDAQ:RCAT) increasing by 13%, and Karman Holdings Inc. (NYSE:KRMN) up by 10% [2] - Most sectors on the S&P 500 closed positively, particularly energy, consumer staples, and consumer discretionary stocks, while health care and information technology sectors closed lower [4] Economic Data - U.S. initial jobless claims rose by 8,000 to 208,000 for the week ending Jan. 3, slightly below market expectations of 210,000 [3] - The U.S. trade deficit decreased to $29.4 billion in October, the smallest since June 2009, compared to a revised $48.1 billion in September and market estimates of a $58.1 billion gap [3]

Kratos Defense & Security Solutions-Dow Jumps More Than 250 Points: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone - Karman Holdings (NYSE:KRMN), Kratos Defense & Security (NASDAQ:KTOS) - Reportify