S&P 500 Gains For Third Session As Tech Stocks Soar: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone
1. Fear and Greed Index improved, indicating market sentiment in 'Greed' zone. 2. S&P 500 gained over 4% this week, signaling a strong investor appetite for risk. 3. Most sectors closed negatively; IT and communication services performed well. 4. U.S. mortgage applications rose 1.1%, following an 11% previous surge. 5. Major stocks like Nvidia and AMD gained, hinting at tech sector strength.