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Benzinga
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Dow Surges Over 700 Points Following EU Tariff Delay: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

1. S&P 500 gained 2.05%, supported by a market sentiment improvement. 2. U.S. trade talks optimism helped snap Dow's four-day losing streak. 3. The Fear & Greed Index indicates strong market sentiment at 65. 4. Manufactured goods orders dipped, indicating economic softness. 5. Major sectors posted gains, particularly information technology and consumer discretionary.

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FAQ

Why Bullish?

Market sentiment and sector performances indicate a positive trend for S&P 500, reflecting recovery phases typically observed after strong gains.

How important is it?

Improvement in market sentiment impacts investment decisions, influencing S&P 500 movement directly.

Why Short Term?

Market optimism can lead to quick gains but may be impacted by upcoming earnings and economic data.

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