The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index gaining more than 400 points during the session.
Walgreens Boots Alliance Inc. (NASDAQ:WBA) on Thursday reported better-than-expected earnings for the third quarter. Worthington Steel, Inc. (NYSE:WS) shares jumped more than 20% on Thursday as the company reported stronger-than-expected financial results for the fourth quarter.
On the economic front, the first-quarter GDP was revised downward to -0.5% from the previous -0.2% figure, primarily due to a widening goods trade deficit linked to weaker exports. Yet, other data released Thursday painted a more positive picture.
Factory orders in May soared by 16.4% month-over-month to $343.6 billion, marking the biggest increase since July 2014. That followed a revised 6.6% drop in April and smashed market expectations of an 8.5% gain. Weekly jobless claims fell by 10,000 to 236,000 in the week ending June 21, while economists had forecast no change — another sign of labor market resilience.
Most sectors on the S&P 500 closed on a positive note, with communication services, consumer discretionary and energy stocks recording the biggest gains on Thursday. However, real estate and consumer staples stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 404 points to 43,386.84 on Thursday. The S&P 500 rose 0.80% to 6,141.02, while the Nasdaq Composite climbed 0.97% to 20,167.91 during Thursday’s session.
Investors are awaiting earnings results from Apogee Enterprises, Inc. (NASDAQ:APOG) and Cineverse Corp. (NASDAQ:CNVS) today.
What is CNN Business Fear & Greed Index?
At a current reading of 63, the index remained in the “Greed” zone on Thursday, versus a prior reading of 58.2.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Apogee Enterprises Inc. (NASDAQ:APOG) to report quarterly earnings at 47 cents per share on revenue of $325.48 million before the opening bell, according to data from Benzinga Pro. Apogee Enterprises shares gained 3.1% to $40.89 in after-hours trading.
Nike Inc. (NYSE:NKE) reported better-than-expected fourth-quarter financial results for fiscal 2025 on Thursday after the market closed. The company reported fourth-quarter revenue of $11.1 billion, beating analyst estimates of $10.72 billion. The company reported fourth-quarter earnings of 14 cents per share, beating analyst estimates of 11 cents per share, according to Benzinga Pro. Nike shares jumped 10.9% to $69.35 in the after-hours trading session.
Analysts are expecting Cineverse Corp. (NASDAQ:CNVS) to post a loss of 7 cents per share on revenue of $14.29 million for the latest quarter. The company will release earnings after the markets close. Cineverse shares rose 5% to close at $4.18 on Thursday.
American Outdoor Brands Inc. (NASDAQ:AOUT) posted upbeat fourth-quarter results. American Outdoor Brands reported quarterly adjusted earnings of 13 cents per share, which beat the analyst consensus estimate for losses of 11 cents per share. Quarterly revenue came in at $61.94 million, beating the Street estimate of $48.46 million. American Outdoor Brands shares climbed 6.6% to $12.75 in after-hours trading.
Concentrix Corp. (NASDAQ:CNXC) posted mixed second-quarter results after Thursday’s closing bell. Concentrix reported quarterly earnings of $2.70 per share, which missed the analyst consensus estimate of $2.75. Quarterly revenue came in at $2.42 billion, which beat the Street estimate of $2.38 billion. Concentrix shares dipped 9% to $50.15 in the after-hours trading session.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling more than 100 points during the session.
At a NATO meeting in the Netherlands, President Donald Trump said that a ceasefire between Israel and Iran remains in place and that the United States will continue exerting pressure on Tehran. He clarified that while sanctions remain, Iran is currently allowed to sell oil to China.
Advanced Micro Devices Inc. (NASDAQ:AMD) led chipmaker gains, rising 3.6% and reaching its highest level since early December 2024. NVIDIA Corporation (NASDAQ:NVDA) shares jumped 4.3% on Wednesday.
On the economic front, sales of new single-family homes in the U.S. dipped by 13.7% from the previous month to an annualized rate of 623,000 units in May. U.S. building permits declined by 2% to an annualized rate of 1.394 million in May.
Most sectors on the S&P 500 closed on a negative note, with real estate, consumer staples and utilities stocks recording the biggest losses on Wednesday. However, information technology and communication services stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 107 points to 42,982.43 on Wednesday. The S&P 500 fell 0.02 points to 6,092.16, while the Nasdaq Composite climbed 0.31% at 19,973.55 during Wednesday’s session.
Investors are awaiting earnings results from Walgreens Boots Alliance Inc. (NASDAQ:WBA), Acuity Inc. (NYSE:AYI) and NIKE, Inc. (NYSE:NKE) today.
What is CNN Business Fear & Greed Index?
At a current reading of 58.8, the index remained in the “Greed” zone on Wednesday, versus a prior reading of 57.1.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Walgreens Boots Alliance Inc. (NASDAQ:WBA) to report quarterly earnings at 34 cents per share on revenue of $36.84 billion before the opening bell, according to data from Benzinga Pro. Walgreens shares gained 0.1% to $11.32 in after-hours trading.
Worthington Steel Inc. (NYSE:WS) reported stronger-than-expected financial results for the fourth quarter. The company reported quarterly earnings of $1.05 per share, which beat the analyst consensus estimate of 82 cents per share. Worthington Steel shares jumped 14.2% to $30.00 in the after-hours trading session.
Analysts are expecting Acuity Inc. (NYSE:AYI) to post earnings at $4.43 per share on revenue of $1.15 billion for the latest quarter. The company will release earnings before the markets open. Acuity shares rose 1.4% to $291.37 in the after-hours trading session.
Micron Technology Inc. (NASDAQ:MU) reported better-than-expected financial results for the third quarter after the market closed on Wednesday. The company said it expects fourth-quarter revenue of $10.7 billion, plus or minus $300 million, versus estimates of $9.88 billion. The company anticipates fourth-quarter adjusted earnings of $2.50 per share, plus or minus 15 cents, versus estimates of $2.01 per share. Micron shares rose 0.9% to $128.40 in the after-hours trading session.
Analysts expect NIKE, Inc. (NYSE:NKE) to post quarterly earnings at 13 cents per share on revenue of $10.72 billion after the closing bell. Nike shares rose 0.1% to $60.91 in the after-hours trading session.
Micron Technology, Inc. (NASDAQ:MU) will release earnings results for the third quarter, after the closing bell on Wednesday.
Analysts expect the company to report quarterly earnings at $1.61 per share, up from 62 cents per share in the year-ago period. Micron Technology projects to report quarterly revenue at $8.85 billion, compared to $6.81 billion a year earlier, according to data from Benzinga Pro.
On Monday, Rosenblatt analyst Kevin Cassidy maintained Micron Technology with a Buy rating and maintained a $172 price target.
With the recent buzz around Micron Technology, some investors may be eyeing potential gains from the company’s dividends too. As of now, Micron Technology offers an annual dividend yield of 0.36%, which is a quarterly dividend amount of 12 cents per share (46 cents a year).
To figure out how to earn $500 monthly from Micron Technology, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Micron’s $0.46 dividend: $6,000 / $0.46 = 13,043 shares.
So, an investor would need to own approximately $1,668,330 worth of Micron Technology, or 13,043 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $0.46 = 2,609 shares, or $333,717 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
MU Price Action: Shares of Micron gained by 4.8% to close at $127.91 on Tuesday.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index was in the “Greed” zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Dow Jones index gaining more than 500 points during the session as investor sentiment improved following a ceasefire agreement between Israel and Iran, confirmed by both President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
TD Synnex Corp. (NYSE:SNX) reported better-than-expected earnings for the second quarter on Tuesday. Nano Labs Ltd. (NASDAQ:NA) shares jumped 36% on Tuesday after the company announced a $500 million convertible notes private placement for its BNB treasury strategy.
On the economic front, the U.S. current account deficit increased by 44.3% to $450.2 billion in the first quarter versus a revised deficit of $312 billion in the fourth quarter and compared to market estimates of a $443.3 billion gap. The S&P CoreLogic Case-Shiller Home Price Index increased 3.4% year-over-year in April following a 4.1% gain in the previous month.
Most sectors on the S&P 500 closed on a positive note, with information technology, communication services and financial stocks recording the biggest gains on Tuesday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 507 points to 43,089.02 on Tuesday. The S&P 500 rose 1.11% to 6,092.18, while the Nasdaq Composite climbed 1.43% to 19,912.53 during Tuesday’s session.
Investors are awaiting earnings results from General Mills, Inc. (NYSE:GIS), Paychex, Inc. (NASDAQ:PAYX) and Micron Technology Inc. (NASDAQ:MU) today.
What is CNN Business Fear & Greed Index?
At a current reading of 56.3, the index remained in the “Greed” zone on Tuesday, versus a prior reading of 55.4.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
With U.S. stock futures trading slightly higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects General Mills Inc. (NYSE:GIS) to report quarterly earnings at 71 cents per share on revenue of $4.59 billion before the opening bell, according to data from Benzinga Pro. General Mills shares gained 0.1% to $53.46 in after-hours trading.
AeroVironment Inc. (NASDAQ:AVAV) posted upbeat results for the fourth quarter after the closing bell on Tuesday. AeroVironment sees fiscal 2027 adjusted EPS in a range of $2.80 to $3, versus the $3.72 estimate, and revenue in a range of $1.9 billion to $2 billion, versus the $1.98 billion estimate. AeroVironment shares rose 0.5% to $194.26 in the after-hours trading session.
Analysts are expecting Paychex Inc. (NASDAQ:PAYX) to post earnings at $1.19 per share on revenue of $1.42 billion for the latest quarter. The company will release earnings before the markets open. Paychex shares fell 0.2% to $152.00 in the after-hours trading session.
Worthington Enterprises Inc. (NYSE:WOR) reported better-than-expected fourth-quarter financial results. The company reported quarterly earnings of $1.06 per share, which beat the analyst consensus estimate of 84 cents per share. The company reported quarterly sales of $317.88 million, which beat the analyst consensus estimate of $301.44 million. Worthington shares jumped 11.4% to $67.00 in the after-hours trading session.
Analysts expect Micron Technology Inc. (NASDAQ:MU) to post quarterly earnings at $1.59 per share on revenue of $8.86 billion after the closing bell. Micron shares rose 0.7% to $128.82 in the after-hours trading session.
The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 350 points during the session. Stocks recorded slight gains last week as the S&P 500 fell around 0.2%, and the 30-stock Dow gained 0.02%.
Investors looked past a sharp escalation in the Middle East, where Iran fired missiles at U.S. military bases in Qatar and Iraq, just 48 hours after American strikes targeted Iranian nuclear facilities.
According to Axios, citing Israeli officials, Iran launched six ballistic missiles at Al Udeid Air Base in Qatar, the largest U.S. military presence in the Middle East. Another missile was reportedly fired at a U.S. base in Iraq.
On the economic front, the S&P Global US services PMI fell to 53.1 in June versus 53.7 in the previous month, and compared to market expectations of 52.9. The S&P Global US manufacturing PMI came in unchanged from the previous month at 52 in June.
Shares of FactSet Research Systems (NYSE:FDS) gained around 3.5% on Monday after the company posted results for the third quarter.
Most sectors on the S&P 500 closed on a positive note, with consumer discretionary, consumer staples and real estate stocks recording the biggest gains on Monday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 375 points to 42,581.78 on Monday. The S&P 500 rose 0.96% to 6,025.17, while the Nasdaq Composite climbed 0.94% at 19,630.97 during Monday’s session.
Investors are awaiting earnings results from TD SYNNEX Corp. (NYSE:SNX), Carnival Corp. (NYSE:CCL) and FedEx Corp. (NYSE:FDX) today.
What is CNN Business Fear & Greed Index?
At a current reading of 56.4, the index remained in the “Greed” zone on Monday, versus a prior reading of 56.3.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects TD SYNNEX Corp. (NYSE:SNX) to report quarterly earnings at $2.72 per share on revenue of $14.32 billion before the opening bell, according to data from Benzinga Pro. TD SYNNEX shares gained 0.9% to $128.70 in after-hours trading.
Analysts are expecting Carnival Corp. (NYSE:CCL) to post earnings at 24 cents per share on revenue of $6.21 billion for the latest quarter. The company will release earnings before the markets open. Carnival shares rose 1.5% to $24.40 in the after-hours trading session.
KB Home (NYSE:KBH) posted better-than-expected earnings for the second quarter after the closing bell on Monday. KB Home expects full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion. The company anticipates 2025 average selling prices of $480,000 to $490,000. KB Home shares fell 1.3% to $52.61 in the after-hours trading session.
Before the markets open, Worthington Enterprises Inc. (NYSE:WOR) is projected to post quarterly earnings at 84 cents per share on revenue of $301.44 million. Worthington shares gained 3.6% to $61.30 in the after-hours trading session.
Analysts expect FedEx Corp. (NYSE:FDX) to post quarterly earnings at $5.87 per share on revenue of $21.84 billion after the closing bell. FedEx shares rose 0.3% to $229.88 in the after-hours trading session.
The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.
U.S. stocks settled mixed on Friday, with the S&P 500 falling for the third straight session amid escalating Iran-Israel conflict. For the week, the S&P 500 fell around 0.2%, while the 30-stock Dow gained 0.02%.
Darden Restaurants Inc. (NYSE:DRI) reported better-than-expected fourth-quarter financial results. Accenture plc (NYSE:ACN) shares fell around 7% on Friday following the release of its third-quarter results.
On the economic front, the Philadelphia Fed Manufacturing Index came in unchanged at -4.0 in June, versus market estimates of -1.
Most sectors on the S&P 500 closed on a negative note, with health care, materials and communication services stocks recording the biggest losses on Friday. However, energy and consumer staples stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed higher by over 35 points to 42,206.82 on Friday. The S&P 500 fell 0.22% to 5,967.84, while the Nasdaq Composite dipped 0.51% at 19,447.41 during Friday’s session.
Investors are awaiting earnings results from FactSet Research Systems Inc. (NYSE:FDS), Commercial Metals Co. (NYSE:CMC) and KB Home (NYSE:KBH) today.
What is CNN Business Fear & Greed Index?
At a current reading of 55.4, the index remained in the “Neutral” zone on Friday, versus a prior reading of 55.1.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
