Dow jumps more than 300 points after the latest inflation data; Improves the morale of investors, the fear and greed index move to the “neutral” area – Applovin (Nasdaq: App), Enbridge (Nyse: Enb)

The CNN Money Fear and Greed index showed an improvement in the total market morale, as the index moves to the “neutral” area on Thursday.

American stocks settled on the top of Thursday, when the Dow Jones index jumped more than 300 points, as investors monitored modern inflation data and updates on customs tariff plans.

The product price index increased by 3.5 % year on January, according to Thursday’s release from the Labor Statistics Office. Initial unemployment demands in the United States decreased by 7,000 from the previous week to 213,000 during the first week of February, a decrease from the estimates of the 215,000 market.

Some large technology shares presented a boost to the markets on Thursday, with shares Nafidia Company Nvda It gained more than 3 % after Hpe announced the first shipment of the company’s company. Applovin Corporation program The shares jumped by 24 % after the company informed better financial results than expected in the fourth quarter and issued instructions for the revenues of the first quarter above. Tesla, Inc. Timing He also added 5.8 % during the session to follow up on optimistic analysts’ calls to stocks as well as news about new EV taxes to finance road repairs that may affect their competitors.

All sectors in the S&P 500 closed a positive note, with material and estimated materials for the consumer and the gains of information technology recordings on Thursday.

Dow Jones closed about 343 points to 44,711.43 on Thursday. The S& P 500 index increased by 1.04 % to 6,115.07, while the Nasdaq compound jumped by 1.50 % at 19,945.64 during Thursday’s session.

Investors are waiting for profits results Enbridge Inc. Enbfor Moderna, Inc. Flexible and Magna International Inc. MGA today.

In a current reading of 46.7, the index moved to the “Muhaida” area on Thursday, for a previous reading of 43.

What is the CNN Business Fear & Greed index?

Fear & Greed is a scale for the current market feelings. This depends on the hypothesis that the highest fear exerts pressure on stock prices, while the highest greed has an opposite effect. The index is calculated on the basis of seven equal indicators. The index ranges from 0 to 100, as it represents 0 with the maximum fear and 100 maximum greed signals.

Read the following: