Published on 15 Apr 2024 on Zacks via Yahoo Finance
5 Safe Stocks to Buy as Consumer Sentiment Takes a Hit
Americans are concerned about the economy's future as a jump in inflation this year is denting their confidence. Consumer sentiment has ebbed from its highs at the beginning of this year.
The University of Michigan’s preliminary reading on the overall index of consumer sentiment came up with a reading of 77.9 in April compared with the final reading of 79.4 in the prior month.