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S&P 500 Hits Another Record, Boosted by Bank Stress Tests, Infrastructure Deal; Dow Outperforms NASDAQ

U S consumer sentiment rises as wealthy households improve outlook

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.

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