Dow Jumps 700 Points Following Inflation Data: Greed Index Remains In 'Fear' Zone
1. U.S. stocks had their best day since November 6. 2. Headline CPI rose 2.9% year-over-year, exceeding last month's inflation rate. 3. Banks like JPMorgan, Goldman, and Citigroup reported strong Q4 results. 4. S&P 500 sectors mostly gained, with consumer discretionaries leading. 5. The Fear & Greed Index indicates market sentiment remains in 'Fear'.