Investors Intelligence Poll: Bullish Sentiment Tumbles
17 August 2017 - 12:15AM
Dow Jones News
By Justina Vasquez
Bullish sentiment fell among financial advisers surveyed in the
weekly Investors Intelligence poll.
The percentage of financial advisers who are bullish on the
market decreased to 50.5% from 57.5% a week earlier, while bearish
sentiment increased to 18.1% from 17%.
The percentage of financial advisers expecting a market
correction grew to 31.4% from 25.5%.
In the week ended Tuesday, 46.1% of stocks listed on the New
York Stock Exchange were above their 10-week moving averages. Also,
58.9% of NYSE stocks were above their 30-week averages.
The Dow Jones Industrial Average recently rose 49.94 points to
22048.93 and has risen 19% in the last 12 months.
Write to Justina Vasquez at justina.vasquez@wsj.com
(END) Dow Jones Newswires
August 16, 2017 10:00 ET (14:00 GMT)
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