Nasdaq Jumps Over 600 Points as MSFT Shares Surge: Investor Sentiment Improves, but Greed Index Remains i

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the "Fear" zone on Thursday.

U.S. stocks settled higher on Thursday, with the Dow Jones index gaining more than 600 points during the session.

The Nasdaq Composite also ended its six-session losing streak.

Microsoft Corp.

(NASDAQ:MSFT) surged 15.5% after reporting 43% cloud revenue growth – its fastest since 2022 – alongside capital expenditure guidance that did not outpace expectations.