Dow Jumps Over 600 Points Following Strong Bank Earnings: Greed Index Remains In 'Extreme Fear' Zone - JPMorgan Chase (NYSE:JPM), Goldman Sachs Group (NYSE:GS)
1. JPM reported better-than-expected Q1 EPS and revenues. 2. U.S. stocks gained over 600 points, boosted by bank earnings. 3. Producer prices cooled to 2.7%, below expectations of 3.3%. 4. Fear and Greed Index remains in 'Extreme Fear' zone at 12.7. 5. S&P 500 and Nasdaq recorded their best weekly gains since 2022.