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The CNN Business Fear & Greed index showed further easing in overall fear levels, though the measure remained in the “Fear” zone on Thursday. U.S. stocks finished higher as tentative Lebanon–Israel diplomatic overtures added a fragile layer of optimism amid a still-tense geopolitical backdrop.
Trading on Thursday saw the Dow Jones move roughly 275 points during the session before ending higher by around 276 points to 48,185.80. The S&P 500 rose 0.62% to 6,824.66, while the Nasdaq Composite gained 0.83% to 22,822.42.
Most sectors on the S&P 500 closed in positive territory, with communication services, industrials and consumer discretionary among the biggest gainers. Energy and health care stocks were exceptions, closing the session lower.
On the economic front, the U.S. PCE price index increased 0.4% month-over-month in February, up from January’s 0.3% growth.
U.S. initial jobless claims rose by 16,000 from the previous week to 219,000 for the week ending April 4, compared with market estimates of 212,000.
The U.S. economy grew at an annualized rate of 0.5% in the fourth quarter, down sharply from the 4.4% pace in the third quarter. The figure also reflected a downward revision of 0.2 percentage points from the prior estimate, attributed primarily to weaker investment data.
At a reading of 36.1, the Fear & Greed index remained in the “Fear” zone on Thursday, compared with a prior reading of 34.4.
The Fear & Greed Index is designed to gauge market sentiment. It is based on the idea that higher fear tends to weigh on stock prices, while higher greed tends to have the opposite effect. The index is calculated using seven equal-weighted indicators and ranges from 0 to 100, where 0 represents maximum fear and 100 indicates maximum greed.

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