RTTNews - While Reuters and the University of Michigan released a report on Friday showing an upward revision to their consumer sentiment index for the month of July, the reading still came in well below the previous month.

The report showed that consumer sentiment index for July came in at 66.0 compared to the preliminary reading of 64.6, although it remains below a reading of 70.8 for June. Economists had expected the index to be revised up to 65.0.

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