The CNN Money Fear and Greed index showed some improvement in overall market optimism following the release of inflation data, but the index remained in the "neutral" zone on Thursday.
Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
U.S. stocks closed sharply higher on Wednesday following the release of inflation data for July. Shares of Walt Disney Co (NYSE: DIS) jumped around 6.9% in after-hours trading on Wednesday after the company reported better-than-expected Q3 results.
U.S. stocks closed higher on Wednesday following the release of inflation data. Here is the list of some big stocks moving higher in the previous session.
With US stock futures trading higher this morning on Thursday ahead of the producer price index for July, some of the stocks that may grab investor focus today are as follows:
U.S. stocks recorded sharp gains on Wednesday, after the inflation data slowed higher than expected in July, increasing prospects that the Federal Reserve might become less aggressive on rates increases.
Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, managed to surpass the $24,000 level again after recording losses over the previous few session.