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Jun 1, 2026 4:00 AM

Nasdaq Closes At Record High: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index remained elevated in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.

U.S. stocks settled higher on Friday, with the Nasdaq Composite closing at 26,972.62 during the session.

In earnings, shares of Buckle Inc. (NYSE:BKE) tanked more than 9% on Friday, even after the company posted upbeat quarterly results. Elmet Group Co.'s (NASDAQ:ELMT) stock fell almost 6% despite the company posting upbeat earnings for its first quarter as a public company.

On the economic data front, US wholesale inventories grew by 0.5% month-over-month to $938.6 billion in April, following a 1.5% rise in March. The figure came in short of market ...