Dow Hits Another Record Close: Investor Sentiment Improves, But Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.

U.S. stocks settled higher on Wednesday, with the Dow Jones index surging to a record close during the session.

Morgan Stanley (NYSE:MS) shares gained 6.5% after the bank topped market estimates for both earnings and revenue. United Airlines (NASDAQ:UAL) also reported stronger-than-expected quarterly results.

On the economic data front, export prices in the U.S. declined by 0.7% month-over-month in September, exceeding market estimates of a 0.4% fall. Import ...