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May 27, 2026 4:00 AM

Nasdaq Jumps Over 300 Points On Micron's Rally, Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

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

U.S. stocks settled mixed on Tuesday, with the Nasdaq Composite gaining more than 300 points during the session as a powerful semiconductor rally swept across Wall Street, led by Micron Technology Inc. (NASDAQ:MU), with shares that surged 19%, putting the stock up more than 200% year-to-date and on track for its best trading day since April 2025.

The S&P 500 gained 0.9% last week, notching its eighth consecutive winning week. The Dow surged 2.1%, while the Nasdaq rose 0.5% last week.

In earnings, shares of AutoZone Inc. (NYSE:AZO) fell 9% on Tuesday after reporting third-quarter results.

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