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Dow Settles Higher But Records Weekly Loss: Greed Index Remains In 'Extreme Fear' Zone

The CNN Money Fear and Greed index remained in the “Extreme Fear” zone on Friday. U.S. stocks settled higher on Friday, after recording sharp losses earlier during the week. However, major indices recorded losses last week, with the Dow and Nasdaq falling by 0.6% and 0.18%, respectively. On Monday, the Dow dipped 1,000 points, while the S&P 500 dipped around 3% to record its worst day since 2022. On the economic data front, the total number of active U.S. oil rigs increased by three to 485 rigs this week, Baker Hughes Inc. reported. Doximity, Inc. (NYSE:DOCS) shares jumped 38.7% on Friday after the company reported ...