Bullish Sentiment Among Financial Advisers Falls

By Ezequiel Minaya Features Dow Jones Newswires

Bullish sentiment declined among financial advisers surveyed in the weekly Investors Intelligence poll.

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The percentage of financial advisers who are bullish on the market decreased to 58.1% from 58.7% a week earlier, while bearish sentiment decreased to 17.1% from 17.3%.

The percentage of financial advisers expecting a market correction increased to 24.8% from 24%.

In the week ended Tuesday, 62.08% of stocks listed on the New York Stock Exchange were above their 10-week moving averages. Also, 64.91% of NYSE stocks were above their 30-week averages.

The Dow Jones Industrial Average recently fell 171.76 points to 20,807.99.

Write to Ezequiel Minaya at Ezequiel.Minaya@wsj.com

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(END) Dow Jones Newswires

May 17, 2017 10:27 ET (14:27 GMT)