Consumer Confidence Rebounds In October, Beats Expectations

Consumer confidence rose to 50.2 in October.

Expectations were for a 50.

In September, consumer confidence plunged to 48.5. That was a seven month low.

Markets barely moved on the news, and still remain negative.

  • Dow down 0.33%
  • NASDAQ down 0.44%
  • S&P 500 down 0.33%

Check out 20 signs the American consumer is completely tapped out >

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