Fear & Greed Index In 'Neutral' Zone Ahead Of Jobs Report; Dow Settles Higher
Portfolio Pulse from Avi Kapoor
The CNN Money Fear and Greed index remained in the 'Neutral' zone on Thursday. U.S. stocks had a mixed performance, with the Dow Jones gaining, while the S&P 500 and Nasdaq Composite fell slightly. Lululemon Athletica Inc. (NASDAQ:LULU) and The J. M. Smucker Company (NYSE:SJM) saw significant gains after reporting strong financial results. Investors are awaiting the nonfarm payrolls report for May and earnings results from J.Jill, Inc (NYSE:JILL) and Graham Corporation (NYSE:GHM).
June 07, 2024 | 6:39 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Graham Corporation, which could impact its stock price depending on the performance.
The impact on Graham Corporation's stock price will depend on the earnings results. Positive results could drive the price up, while negative results could have the opposite effect.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Investors are awaiting earnings results from J.Jill, Inc, which could impact its stock price depending on the performance.
The impact on J.Jill's stock price will depend on the earnings results. Positive results could drive the price up, while negative results could have the opposite effect.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Lululemon Athletica Inc. shares gained around 5% after reporting strong Q1 financial results and authorizing a $1 billion increase in its stock repurchase program.
The strong financial results and significant stock repurchase program are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
The J. M. Smucker Company shares gained around 4.5% after posting upbeat quarterly earnings.
Positive earnings results typically lead to a short-term increase in stock price as they reflect strong company performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80