Dow Jumps Over 600 Points On Iran Truce Hopes: Investor Sentiment Improves, 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 gaining more than 600 points during the session as crude oil prices fell on revived hopes of a U.S.-Iran de-escalation.

President Donald Trump said the U.S. is in the “final stage” of negotiations with Iran, while Iran’s Foreign Ministry said exchanges between Tehran and Washington are still ongoing and continue to be based on Iran’s 14-point proposal.

In earnings, Lowe’s Companies Inc. (NYSE:LOW) posted upbeat first-quarter earnings and revenue. Target Corp. (NYSE:TGT) reported better-than-expected earnings for the first quarter and raised ...

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Dow Jumps Over 600 Points On Iran Truce Hopes: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

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