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Gold Weekly Forecast: Possible correction to $1,800 as key resistance holds
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U.S. consumer sentiment rises as wealthy households improve outlook
FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela/File Photo
June 25, 2021
By Evan Sully
(Reuters) – U.S. consumer sentiment ticked up in June, driven by an improving economic outlook among affluent households, a survey released on Friday showed.
The University of Michigan’s Consumer Sentiment Index rose to a final reading of 85.5 from May’s final level of 82.9, though it was below June’s preliminary reading of 86.4.