Dow hits 50,000 for 1st time
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The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled lower on Thursday, with the Dow Jones index falling almost 600 points during the session.
Major stock indexes finished sharply lower Tuesday, dragged by technology shares, although the Dow Jones Industrial Average hit a new all-time high before reversing course. Meanwhile, gold and silver futures resumed their ascent.
Dow Jones gains 500 points. Markets digest Trump's Fed chair nomination. CNN Money Fear & Greed index shows improvement.