The CNN Money Fear and Greed Index remained in “greed” territory after the release of nonfarm payrolls data.

Labor data released on Friday showed nonfarm payrolls rose by 263,000 in November, higher than the market estimate of 200,000.

Federal Reserve Chair Jerome Powell recently suggested that the central bank could start easing rate hikes as early as next month.

The Fed will start its two-day meeting in December, with the market expecting the central bank to hike rates by 50 basis points.

All three indices posted weekly gains, with the Nasdaq posting the largest gain, up around 2.1%. The Dow and S&P 500 gained 0.2% and 1.1% respectively last week.

The Dow gained about 35 points to close at 34,429.88 on Friday. The S&P 500 fell 0.12% to 4,071.70, while the Nasdaq Composite fell 0.18% to settle at 11,461.50 in the previous session.

Science Applications International Corporation SAIK, Powell Industries, Inc. POWL and DLH Holdings Corp. DLHC will announce quarterly results today.

With the current reading at 69.0, the index remained in “greed” territory compared to a previous reading of 69.0.

What is the CNN Business Fear & Greed Index?

The Fear & Greed Index is a measure of current market sentiment. It is based on the premise that higher fear puts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equally weighted indicators. The index ranges from 0 to 100, with 0 representing maximum fear and 100 representing maximum greed.