The University of Michigan’s final July consumer sentiment index reading was 63.7, down from to the preliminary July 63.8 and the final June 71.5, according to market sources.

The expectations index was 56.0, compared to 55.8 earlier this month, and 64.8 in June.

The current conditions index was 75.8, compared to 76.3 earlier this month, and 82.0 in June.

Economists predicted a 64.0 reading for the main index, 76.3 for current conditions, and 56.5 for expectations.

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