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Check back for a report after the data is released.
The University of Michigan’s gauge of consumer sentiment likely rebounded to 68.0 in December from 67.4 the month prior, according to economists polled by the Wall Street Journal. The report will be released at 10 a.m. Eastern Time.
Recent readings of consumer attitudes toward the economy have shown them to be more pessimistic that at any point in the past decade, with rising inflation being the prime driver of negative sentiment.
U.S. stocks
SPX,
DJIA,
were moving higher ahead of the report.
