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Here comes consumer confidence ...

Jun 12, 2015, 19:05 IST

The preliminary reading of consumer sentiment from the University of Michigan is due at 10:00 a.m. ET.

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Economists expect that the index rose to 91.2 in June from 90.7 last month.

With gas prices picking up and employment levels steady, Bank of America Merrill Lynch wrote in a preview: "Although gas prices have risen through May and into the early part of June, improving employment conditions and a strong stock market are likely to offset the financial burden to consumers of increased spending at the gas station."

We'll be back once the data cross...

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