Investing.com-- Retail investors grew less optimistic over the short-term outlook for stock markets, an American Association of Individual Investors survey showed on Thursday, with neutral and pessimistic sentiments increasing.
Neutral sentiment- that stock prices will remain unchanged- rose slightly to 32.4%, while bearish sentiment- that stock prices will fall- rose by 4.5 percentage points to 29.9%. The AAII is a non-profit organization consisting of about 150,000 members, whose aim is to aid individual, specifically retail investors, with investing in equity markets. Its sentiment survey is conducted weekly to measure retail sentiment towards equities.
A batch of mixed third-quarter earnings also weighed on sentiment, with a string of mega-cap technology earnings set to drive markets next week.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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