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Market Impact: 0.35
U.S. Consumer Sentiment Deteriorates Much More Than Expected In September
Source: Nasdaq
Economic DataConsumer Demand & RetailInvestor Sentiment & Positioning
University of Michigan data showed U.S. consumer sentiment deteriorated substantially more than anticipated in September. The weaker reading signals increased consumer caution and could weigh on the outlook for household spending and consumer-facing companies.
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Overall Sentiment
moderately negative
Sentiment Score
-0.35
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