Tuesday, October 26, 2010

Consumer Confidence Beats Expectations, Stocks Surge Temporarily

from Fox Business:

U.S. consumer confidence rose slightly in October but remained near historically low levels as concerns about the labor market persisted, according to a private sector report released on Tuesday.
The Conference Board, an industry group, said its index of consumer attitudes rose to 50.2 in October from a revised 48.6 in September.