Here Comes Consumer Confidence...

The University of Michigan Consumer Confidence measure will be released this morning at 9:55 a.m. ET.

Economists are expecting that consumer confidence climbed to 73.1 in November, up from 72.0 in the preliminary reading.

"November Michigan consumer sentiment will likely be revised up slightly in the second pass, putting the month roughly in line with October," Citi's Peter D'Antonio wrote clients. "However, as the rise in optimism seems to have come late in the month, some of the improvement may actually boost the early December reading instead."

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