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The Economic Mood Brightens: Consumer Sentiment Rebounds Amid Volatile Times
ByAinvest
Thursday, Jun 5, 2025 10:41 pm ET1min read
US consumer confidence rebounds to a reading of 98.0, its highest in five months, after President Trump pauses 50% retaliatory tariffs on the European Union. Despite the optimism, analysts caution that consumer confidence may be fragile due to volatile times. The retail sector faces headwinds, with Okta's fundamentals worth watching for long-term investors. Abercrombie & Fitch and Pinduoduo are also highlighted in the retail roundup.
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