Dow Jumps Over 400 Points Amid China Tariff Hopes, Investor Fear Eases: Greed Index Remains In 'Fear' Zone
1. U.S. stocks, including S&P 500, increased amid improved market sentiment. 2. Trade tensions with China may ease; tariffs on some goods could be reduced. 3. Economic data showed a 7.4% rise in new single-family home sales. 4. Most S&P 500 sectors closed positively, led by technology and consumer discretionary. 5. Fear & Greed Index indicates persistent market fear, now at 27.3.