S&P 500 Gains For 4th Straight Session Amid Rise In Nvidia, Alphabet, And Other Tech Stocks: Greed Index Remains In 'Fear' Zone
Portfolio Pulse from Avi Kapoor
The S&P 500 gained for the fourth consecutive session, driven by tech stocks like Nvidia and Alphabet. Despite the gains, the CNN Money Fear and Greed index remains in the 'Fear' zone. Signet Jewelers reported strong earnings, and investors are awaiting results from SelectQuote and Cheetah Mobile.
September 13, 2024 | 5:22 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Cheetah Mobile, which could impact its stock price.
The anticipation of Cheetah Mobile's earnings results could lead to stock price volatility depending on the outcome.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from SelectQuote, which could impact its stock price.
The anticipation of SelectQuote's earnings results could lead to stock price volatility depending on the outcome.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Alphabet's stock increased by 2.3%, contributing to the positive performance of the S&P 500.
Alphabet's stock rise is part of the tech sector's strong performance, which is driving the S&P 500 higher. This indicates a positive outlook for tech stocks.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Alphabet's stock increased by 2.3%, contributing to the positive performance of the S&P 500.
Alphabet's stock rise is part of the tech sector's strong performance, which is driving the S&P 500 higher. This indicates a positive outlook for tech stocks.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Nvidia's stock rose by 1.9% as part of the broader tech rally, contributing to the S&P 500's gains.
Nvidia's stock increase is part of a broader tech sector rally, which is positively impacting the S&P 500. The rise in Nvidia's stock price suggests positive investor sentiment towards tech stocks.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Signet Jewelers reported better-than-expected earnings and a strong revenue outlook, boosting investor confidence.
Signet Jewelers' strong earnings report and positive revenue outlook are likely to boost investor confidence and positively impact the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70