Wednesday, May 30, 2007

Optimism About U.S. Stocks Falls for First Time in Five Weeks, Survey Says

(Bloomberg) -- Investor optimism about U.S. stocks
fell for the first time in more than a month after the Standard
and Poor's 500 Index ended its longest stretch of weekly gains
since 2004, according to Investors Intelligence.

The percentage of ``bullish'' newsletter writers dropped to
53.8 percent last week from 54.3 percent the previous week, the
New Rochelle, New York-based newsletter said. That marks the
first decline since the week ended April 20.


Read more at Bloomberg Stocks News

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