The CNN Money Fear and Greed index showed some 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 Nasdaq Composite gaining for the fifth straight session as rate cut hopes surged and risk appetite returned across tech, crypto and commodities. However, the index recorded losses for November. The Nasdaq dipped almost 2% last month, while the S&P 500 and Dow gained slightly during November, after recording gains last week.

The Dow jumped more than 3% last week, while the S&P 500 surged almost 4%. The Nasdaq Composite climbed over 4% during the week.

Traders now see an 88% chance the Federal Reserve will cut interest ...