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More on Consumer Confidence: At 60.6, the index hits its lowest level since November, led by a...

Aug. 28, 2012 10:13 AM ETBy: Stephen Alpher, SA News Editor11 Comments
More on Consumer Confidence: At 60.6, the index hits its lowest level since November, led by a sharp drop in optimism about the short-term outlook.  Those expecting business conditions to improve fell to 16.5% from 19%. Those expecting worsening increased to 17.7% from 15.1%. The report hits stocks a bit (Why? Shouldn't this make Fed action more likely?), the S&P 500 -0.2%.

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