Market Sentiment - The CNN Money Fear and Greed index showed an improvement in overall market sentiment, remaining in the "Neutral" zone with a current reading of 50.4, up from 46.4 [4][5] - U.S. stocks settled higher, with the S&P 500 gaining more than 1% during the session as President Trump withdrew his latest round of tariff threats [1][2] Company Earnings - Johnson & Johnson reported better-than-expected fourth-quarter earnings [2] - Netflix shares fell around 2% after reporting fourth-quarter financial results and issuing first-quarter guidance below estimates [2] Economic Data - U.S. pending home sales dipped by 9.3% month-over-month in December, following a 3.3% gain in November, and compared to market estimates of a 0.3% decline [3] - U.S. construction spending increased by 0.5% month-over-month in October, compared to a 0.6% gain in September and versus market expectations of a 0.1% gain [3] Stock Market Performance - The Dow Jones closed higher by around 589 points to 49,077.23, while the S&P 500 rose 1.16% to 6,875.62, and the Nasdaq Composite gained 1.18% to 23,224.82 during the session [4]
S&P 500 Jumps Over 1% As Trump Withdraws EU Tariff Threat: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone - Netflix (NASDAQ:NFLX)