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University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High
Friday, March 31, 2023 - 10:41am | 497The University of Michigan Consumer Confidence Index was revised downward from an original estimate of 63.2 to 62 points in March on Friday — down by 5 points or 8.8% from February. One broad takeaway: Sentiment among U.S. consumers has dropped for the first time in four months, but...
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Paul Krugman Skeptical Of Consumer Confidence: 'Everyone Knows Economy Is In Terrible Shape, Everyone Except...'
Wednesday, January 4, 2023 - 9:06pm | 412Nobel laureate and noted economist Paul Krugman has expressed skepticism over the upbeat consumer confidence data released in late December. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—rose to 82.4 from 76.7....
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Jittery Day For US Market? S&P 500, Dow Futures Retreat Ahead Of Big Earnings Day, Consumer Confidence Data — Tesla, Microsoft, Alphabet, Chinese Stocks In Focus
Tuesday, October 25, 2022 - 6:57am | 1230The major U.S. index futures were pointing to a lower opening on Tuesday ahead of some key tech earnings reports. Traders may prefer to step to the sidelines or take some profit off the tables following the recent leg-up by stocks. On Monday, stocks advanced amid hopes that ongoing earnings...
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"Deep Data" To Become The Greatest Natural Resource, Tech Execs Say
Tuesday, January 8, 2019 - 3:55pm | 785Sidestepping privacy issues, CES kicked off its 2019 show with a rousing call for tech to address some of the world most pressing problems: disease, climate change, poverty and more. "We are going to solve huge human problems in the next two decades," said Consumer Technology Association...
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US Consumer Confidence Data Was Even Weaker Than Expected
Wednesday, August 31, 2011 - 8:44am | 1271EUR/USD The Euro was blocked in the 1.4520 area against the dollar in Europe on Tuesday and subjected to heavy selling pressure with a test of support below 1.44 as risk appetite deteriorated. European equities surrendered initial gains which damaged confidence and there was a weaker than expected...
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Consumer Confidence Data Worse Than Expected
Tuesday, June 28, 2011 - 9:40am | 51June consumer confidence data was released earlier than expected, and it was weaker than economists anticipated. The reading came in at 58.5, versus estimates of 60.8. Despite the miss, the indexes are holding onto their gains. The Dow is up 56points, the S&P 500 is up 5 points and the...
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Consumer Confidence Data Worse Than Expected
Tuesday, May 31, 2011 - 10:00am | 53May consumer confidence data was just released, and it came in than expected. Following a weaker than expected Chicago PMI, consumer confidence data came in at 60.8, versus expectations of 66.3. The Dow Jones is up 108 points, the NASDAQ is up 22 points, and the S&P 500 is up 10 points...
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Consumer Confidence Rises Above Expectations
Tuesday, August 31, 2010 - 2:34pm | 117Consumer confidence rose to 53.5 in August, the Conference Board reported on Tuesday. The increase was higher than expected, easing concerns over a slowdown in the pace of economic recovery. The Conference Board’s confidence index for July was upwardly revised to 51 , which still represents a five-...
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ABC Consumer Confidence Down To -45
Tuesday, July 20, 2010 - 5:24pm | 16The closely watched ABC Consumer Confidence was just released and it fell to -45, from -44.
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US Stock Index Futures Predict A Gloomy Picture For The Markets Today
Tuesday, February 23, 2010 - 9:00am | 130US stock index futures fell today as investors awaited data on the health of the key housing market. While futures on S&P 500 lost 2.4 points to 1105.10, those on Nasdaq 100 fell 7 points to 1814.00. Meanwhile, Dow Jones Industrial Average futures slipped 27 points. According to a Reuters poll...