U.S. consumer sentiment hits four-month low

Updated

Almost every economic data point this week represented a positive for the U.S. economy, and the stock market more than held its own this week, with the Dow continuing what looks like a push to 10,000.

One indicator that came up short: the Reuters/University of Michigan Surveys of Consumers said its consumer sentiment index for August (final reading) came in at 65.7, Reuters reported Friday. The reading was above the 63.2 preliminary August reading, but nevertheless is at a four-month low.

Advertisement