The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index moved to the “Fear” zone on Wednesday.

U.S. stocks settled higher on Wednesday, with the Dow Jones index gaining more than 400 points during the session as expectations for a rate cut next week strengthened after weaker-than-expected private employment data.

The ADP report showed U.S. private employers shed 32,000 jobs in November, reversing the 42,000 added in October and missing forecasts for a 5,000 gain. The data reinforced signs that the labor market is cooling.

The S&P Global services PMI declined to 54.1 in November from 54.8 in the prior month, and was revised lower from the preliminary reading of 55. U.S. industrial production increased 0.1% month-over-month in September compared to a revised ...