It's interesting, though, that positive sentiment dips to its lowest level during her big sentimental moment – performing Foo Fighters' Times Like These and dedicating it to the stricken Dave Grohl.
And the University of Michigan's August consumer sentiment index dipped to 91.5 from 92.4 in July.
The University of Michigan's August consumer sentiment index dipped to 91.5 from 92.4 in July, echoing data released earlier this week by the Conference Board.
The Reuters/University of Michigan consumer sentiment index for early April dipped unexpectedly to a reading of 69.5, its lowest level in 5 months, likely reflecting Americans' attitudes that the economy is not improving quickly enough based on stubbornly high unemployment and still-rising home foreclosures.
Sentiment eroded faster than expected, according to the University of Michigan's August index of consumer confidence, which fell to 78.7 from 84.7 in July.Confidence also dipped in Germany, where the ZEW economic-sentiment indicator, based on a survey of analysts and institutional investors, fell to –5.6, far below its historical average of 35.
[C4.] Housing construction rebounded in March, rising by 6.4percentt, but production at factories, mines and utilities dipped 0.2percentt in March and the University of Michigan consumer sentiment index for early April declined to 93.2 from 95.8 in March.
And that sentiment appears to already be priced in: Though the stock dipped a bit in early morning trading, it has been on a fairly steady slide for months.
Overall the market has dipped lower, with poor Chinese service sector data affecting sentiment, albeit the news prompted some to suggest the country would introduce further measures to stimulate its economy.
A surprise to the upside, like Thursday's report that retail sales dipped only 0.1% in February, could help fuel positive sentiment.
