(Bloomberg) -- Pessimism on U.S. stocks among
newsletter writers jumped by the most since August 2004 last
week, according to a survey by Investors Intelligence.
The number of bearish writers increased to 21.3 percent from
18 percent the prior week, according to New Rochelle, New York-
based Investors Intelligence. The Standard & Poor's 500 Index
rose 1.8 percent during the five-day period ended July 6, putting
the equity benchmark 0.6 percent away from its June 4 record.
Read more at Bloomberg Stocks News
newsletter writers jumped by the most since August 2004 last
week, according to a survey by Investors Intelligence.
The number of bearish writers increased to 21.3 percent from
18 percent the prior week, according to New Rochelle, New York-
based Investors Intelligence. The Standard & Poor's 500 Index
rose 1.8 percent during the five-day period ended July 6, putting
the equity benchmark 0.6 percent away from its June 4 record.
Read more at Bloomberg Stocks News
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