Dow rises more than 300 points with NVIDIA improvement: investor morale, but the greed index in the “Fear” – Amazon.com (Nasdaq: Amzn), Bristol -Myers Squibb (NYSE: BMY) remains

The CNN Money Fear and Greed index showed some improvement in the total market morale, while the index remained in the “Fear” area on Wednesday.

American stocks settled on Wednesday, when the Dow Jones index won more than 300 points during the session.

Nafidia Company Nvda The shares jumped more than 5 % on Wednesday in sympathy with AMD after reporting financial results in the fourth quarter than expected and Google, which raised the guidelines for capital expenses in the 25th year of fiscal year. Walt Disney Company B Financial results were reported in the first quarter of the expected.

On the economic data front, the US trade deficit increased to 98.4 billion dollars in December, against a revised gap of 78.9 billion dollars in the previous month and compared to market estimates of 96.6 billion dollars. The PMI Service Service Index decreased to 52.8 in January, compared to a revised reading of 54 in December, and at the bottom of 54.3 estimates.

Most sectors in the S&P 500 closed a positive note, with real estate registration, information technology and financial stocks on Wednesday. However, communications and estimated stock services for consumers have shortened the general trend of the market, with the closure of the low session.

Dow Jones closed about 317 points to 44,873.28 on Wednesday. The S&P 500 rose 0.39 % to 6,061.48, while the Nasdaq compound increased by 0.19 % to 19,692.33 during the Wednesday session.

Investors are waiting for profits results Bristol Maires Square Company Biand Amazon.com Inc. amzn and HoneyWell International Inc. Hoose today.

What is the CNN Business Fear & Greed index?

In a current reading of 39.6, the index remained in the “fear” area on Wednesday, compared to a previous reading of 38.9.

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:

Compliment image: Shutterstock