Dow Jumps Over 600 Points Following Strong Bank Earnings: Greed Index Remains In 'Extreme Fear' Zone

The CNN Money Fear and Greed index showed easing in the overall fear level, while the index remained in the “Extreme Fear” zone on Friday.

U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 600 points during the session as investors welcomed upbeat bank earnings and cooler-than-expected inflation data, while largely shrugging off trade war concerns after China raised tariffs on U.S. goods to 125%.

Producer prices cooled to 2.7% year-over-year in March, well below the 3.3% consensus, while the monthly figure declined by 0.4%, the steepest drop since 2023.

JPMorgan Chase & Co. (NYSE:JPM) reported better-than-expected first-quarter EPS and revenues. Morgan Stanley (NYSE:MS) ...

https://www.benzinga.com/25/04/44783143/dow-jumps-over-600-points-following-strong-bank-earnings-investor-fear-eases-fear-greed-index-remains-in-extreme-