Investors Intelligence Poll: Bullish Sentiment Rises
DOW JONES & COMPANY, INC. 9:56 AM ET 1/28/2015
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 53.1% from 49% a week earlier, while bearish sentiment decreased to 16.3% from 17.4%.
The percentage of financial advisers expecting a market correction dropped to 30.6% from 33.6%.
In the week ended Tuesday, 50.76% of stocks listed on the New York Stock Exchange were above their 10-week moving averages. Also, 51% of NYSE stocks were above their 30-week averages.
The Dow Jones Industrial Average recently rose 77 points to 17464 but has fallen 2% this year.
Write to Tess Stynes at tess.stynes@wsj.com
(END) Dow Jones Newswires
01-28-150956ET
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