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Friday, June 11, 2010

Consumer Sentiment Continues to Rise

Marketwatch details:

U.S. consumer sentiment rose in early June, hitting the highest level since January 2008, according to media reports on Friday of the Reuters/University of Michigan index. The consumer sentiment index increased to 75.5 in June from 73.6 in May. Economists surveyed by MarketWatch had been expecting the sentiment index to hit 74 in June. The index hit a 30-year low of 55.3 in November 2008.