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S&P 500
Benzinga
91 days

Dow Surges Over 100 Points Despite Moody's US Downgrade: Fear Index Remains In 'Greed' Zone

1. S&P 500 gained 5.3% last week, reflecting strong market gains. 2. Moody's downgrade of U.S. credit rating caused limited investor concern. 3. UnitedHealth Group shares surged over 8% amid executive stock purchases. 4. Novavax's vaccine approval led to a 15% stock surge. 5. Fear and Greed index shows slight decline but remains in 'Greed' zone.

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FAQ

Why Bullish?

The S&P 500's 5.3% gain signals strong bullish momentum, similar to previous bull runs.

How important is it?

The article highlights strong market performance amidst notable economic events, impacting investor sentiment.

Why Short Term?

Current sentiment and gains suggest immediate positive effects, aligning with earnings reports.

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