U.S. Consumer Confidence Surges on Trade Deal Optimism

1 min read
Source: CNBC
U.S. Consumer Confidence Surges on Trade Deal Optimism
Photo: CNBC
TL;DR

Consumer confidence in May surged due to optimism about US-China trade negotiations, with the Conference Board’s index rising significantly after a truce was reached, boosting expectations for economic growth and job prospects.

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