The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the “Fear” zone on Thursday.
U.S. stocks settled mixed on Thursday, with the Dow Jones index surging to record highs during the session. The Nasdaq Composite, however, moved lower amid a decline in semiconductor stocks.
Major indices closed the holiday-shortened week with gains, as the S&P 500 rose 1.8% and the 30-stock Dow surged around 2% during the week.
Job growth cooled sharply in June, with payrolls rising just 57,000 — well below the 115,000 consensus and down from a revised 129,000 in May. April was also cut by 31,000, bringing combined revisions to a net minus 74,000.
The unemployment rate ticked down to 4.2%, but only because labor force participation fell to 61.5%, the lowest since March 2021.
