S&P 500 Edges Higher As Treasury Yields Retreat: Investor Sentiment Declines, Fear & Greed Index Remains In ‘Fear’ Zone

On Thursday, the S&P 500 rose by approximately 0.2% to 7,666.45, while the Dow Jones increased by about 20 points to 50,926.60. The 10-year Treasury yield decreased by five basis points to 5.24%, retreating from a session high of 5.34%. Notable stock movements included Micron Technology Inc. gaining 3% after reporting fiscal fourth-quarter revenue exceeding $54 billion and Accenture Plc surging 16% following an adjusted EPS of $3.29 on revenue of $18.68 billion. The CNN Money Fear and Greed index indicated a decline in market sentiment, remaining in the 'Fear' zone with a reading of 27.