The University of Michigan released the preliminary estimate for consumer confidence for the month of November, where consumer confidence upticked to 64.2 from 60.9 and better than median estimates of 61.5.

The economic conditions index advanced to 76.6 from 75.1 reported in October, while the economic outlook index accelerated to 56.2 in November from 51.8.

The 1-Year inflation expectations remained unchanged at 3.2%, while the 5-Year inflation expectations index declined to 2.6% from 2.7%.