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Dow Gains Over 200 Points But Records Weekly Loss: Investor Sentiment Edges Higher, But Greed Index Remai

General Benzinga ✦ xCruzo 🇺🇸🇪🇸
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Dow Gains Over 200 Points But Records Weekly Loss: Investor Sentiment Edges Higher, But Greed Index Remai
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U.S. stocks finished mixed Friday as the Dow climbed more than 200 points, but the Nasdaq slipped on declines in chip-related shares. For the week, major benchmarks ended lower: the S&P 500 fell 0.6% and the Nasdaq dropped 2.1%, while the Dow lost 0.4% for a third straight week. The CNN Business Fear & Greed Index improved slightly to 39.4, remaining in “Fear.” The Dow Jones closed at about 51,947.25, the S&P 500 rose 0.05% to 7,411.98, and the Nasdaq Composite fell 0.64% to 24,975.82. Economically, the S&P Global composite PMI rose to 53.6 in July, while the manufacturing PMI eased to 53.8. The article also cites reporting that Bahrain and Kuwait warplanes struck sites in Iran and that Iran issued new threats amid discussions involving Pakistan and Iran.

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