On Tuesday, Cathie Wood-led Ark Invest made significant moves in the stock market, notably selling shares of Coinbase Global Inc (NASDAQ:COIN) amidst a turbulent cryptocurrency market.
The CNN Money Fear and Greed index showed an improvement in overall market sentiment, while the index remained in the "Greed" zone on Friday.
U.S. stocks closed higher on Friday, with the S&P 500 index jumping to a new closing high for 2023.
U.S. stocks traded mixed midway through trading, following the release of manufacturing PMI data.
The Dow traded up 0.30% to 36,059 while the NASDAQ fell 0.05% to 14,218.49. The S&P 500 also rose, gaining, 0.13% to 4,573.87.