Headline Number: 54.1, for November
Analysis: Positive consumer spending data over the past few weeks indicated that Consumer Confidence would head higher. Deutsche Bank predicted a surge, to 55, based on positive consumption data and upward revisions to September’s data.
In October, the number was 49.9.
Stocks have bounced off their lows post Consumer Confidence data.
- DOW down 0.42%
- NASDAQ down 0.82%
- S&P 500 down 0.57%
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