NEW YORK - The University of Michigan's preliminary April consumer sentiment index reading was 75.7, compared to the final March 76.2, and the preliminary March 74.3, according to market sources.

The expectations index was 72.5, compared to 69.8 in March, and 68.0 earlier in March.

The current conditions index was 80.6, compared 86.0 in March, and 84.2 earlier in March.

Economists polled by Thomson Reuters had predicted a 76.2 reading for the main index, 86.0 for current conditions and 69.6 for expectations.

The University of Michigan index is not released to the press, but only to paying subscribers.

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