Economic Indicators, Stock Market & Investment Reports


U.S. consumer sentiment at two-year high

U.S. consumer sentiment was the most optimistic in more than two years in June, but remained far below average level, according to a survey released Friday by Reuters and the University of Michigan.

The UMich index rose to 76.0 in late June, up from 73.6 in May and 75.5 in mid-June. The average level of the index is around 87.

Consumers expect a very slow pace of economic growth, the survey said.