The University of Michigan’s preliminary April consumer sentiment index reading was 69.6, compared to the final March 67.5 reading, the preliminary March 68.2, and the final February 77.5, according to market sources.

Economists predicted a 68.5 reading for the index.

The expectations index was 61.2, compared to 57.9 in March.

The current conditions index was 82.7, up from  82.5 in March.

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