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Benzinga
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S&P 500 Snaps Nine-Session Winning Streak; Investor Sentiment Improves, Fear & Greed Index Moves To 'Greed' Zone

1. Fear and Greed index shows market sentiment in the 'Greed' zone. 2. S&P 500 experienced a dip after a nine-session winning streak. 3. ISM services PMI rose to 51.6, exceeding expectations, signaling economic improvement. 4. Most S&P 500 sectors fell, but consumer staples showed slight gains. 5. Key earnings reports from major firms are upcoming, influencing market outlook.

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FAQ

Why Neutral?

The mixed performance of major indices and positive PMI data balance risks and opportunities.

How important is it?

The shift to 'Greed' can suggest increased risk appetite, affecting IVV.

Why Short Term?

Immediate market reactions to upcoming earnings reports and current sentiment are crucial.

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