Stock Bulls Flash ‘Extreme Greed’ as S&P 500 Gains: Markets Wrap

A rally in several big techs spurred a rebound in stocks, with Nvidia Corp. briefly hitting $4 trillion. Treasuries climbed after a solid $39 billion sale. Brazil’s real tumbled as President Donald Trump said the US will impose a 50% tariff on imports from the South American nation.

Equity traders brushed off trade angst to send the S&P 500 just a few points away from its record high. The CNN Fear & Greed Index is now signaling “extreme greed,” an indication of the market’s bullish momentum. A gauge of megacaps added 1.1%, with Nvidia extending this year’s surge to more than 20%. In another sign of risk appetite, Bitcoin topped $112,000 for the first time.