Investors Intelligence Poll: Bullish Sentiment Rises
DOW JONES & COMPANY, INC. 9:48 AM ET 04/23/14
Bullish sentiment rose among financial advisers surveyed in the weekly Investors Intelligence poll from Friday.
The percentage of financial advisers who are bullish on the market increased to 51.6% from 50.5% a week earlier, while bearish sentiment rose to 21.7% from 20.6%.
The percentage of financial advisers expecting a market correction declined to 26.7% from 28.9%.
In the week ended Tuesday, 63.92% of stocks listed on the New York Stock Exchange were above their 10-week moving averages. Also, 70.23% of NYSE stocks were above their 30-week averages.
The Dow Jones Industrial Average recently fell 17 points to 16497 and has fallen fractionally this year.
Write to Tess Stynes at tess.stynes@wsj.com
(END) Dow Jones Newswires
04-23-140948ET
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