The University of Michigan's consumer sentiment for the US dropped to a five-month low of 80.8 in July 2021, from 85.5 in the previous month and missing market expectations of 86.5, a preliminary estimate showed. The decline in morale was largely due to less favorable prospects for the national economy.
US500 fell slightly after today's data releases and is heading towards upward trendline. Source: xStation5
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