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Nasdaq Jumps Over 4% Following US-China Tariff Truce: Investor Sentiment Improves As Fear Index Remains In 'Greed' Zone

1. Fear and Greed index shows improved sentiment, remains in 'Greed' zone. 2. U.S. and China agree on a 90-day tariff truce, boosting market outlook. 3. S&P 500 surged 3.26% after Dow jumped over 1,100 points. 4. U.S. recorded a $258 billion budget surplus in April, up 23% year-over-year. 5. Most S&P 500 sectors reported gains; technology and consumer discretionary led.

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FAQ

Why Bullish?

The agreement between U.S. and China could boost investor confidence, historically leading to market rallies. Similar past trade agreements have resulted in upward trends in major indices.

How important is it?

The improvement in Fear and Greed index alongside positive trade news indicates strong market sentiment, likely affecting market movements in the near term.

Why Short Term?

The positive sentiment from trade truce and strong performance in tech stocks is likely to influence markets immediately. However, sustainability depends on upcoming earnings and economic reports.

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