Nasdaq Surges To Record Amid Easing Oil And Yields: Investor Sentiment Improves, But Fear & Greed Index Remains In ‘Fear’ Zone

On Monday, the Nasdaq Composite surged approximately 600 points, closing at a record high of 27,122.09, driven by a decline in crude oil prices and easing Treasury yields. The Dow Jones increased by around 366 points to 52,048.83, while the S&P 500 rose 1.49% to 7,764.70. Notable stock performances included Intel Corp. gaining 12%, Advanced Micro Devices rising 10%, and Meta Platforms Inc. increasing by 11%. Despite the positive market movement, the CNN Money Fear and Greed index remained in the 'Fear' zone with a reading of 34.