RTTNews - Consumer sentiment in the month of June has improved by more than previously estimated, according to the results of the Reuters/University of Michigan survey of consumers that were released on Friday.

The report showed that the consumer sentiment index was revised up to 70.8 in June from the preliminary reading of 69.0, coming in well above the May reading of 68.7. Economists had been expecting the index to be unrevised at 69.0.

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