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Individual investors grow bearish as stocks continue to fall

Ryan Vlastelica
Individual investors grow bearish as stocks continue to fall

The sharp and still-ongoing stock-market selloff is taking a toll on investor psyche. Sentiment took a sharp turn for the worse in the latest week, according to the American Association of Individual Investors, with bullishness tumbling by its highest amount in almost a year as Wall Street has sold off broadly. The Dow Jones Industrial Average (DJIA) has shed more than 1,300 points in the past two trading days alone, including Thursday, and on Wednesday both the Dow and the S&P 500 (SPX) suffered their biggest one-day percentage drops since February.