WASHINGTON (MarketWatch) -- U.S. consumer confidence weakened for the third straight month in April, the Conference Board said Tuesday. The consumer confidence index fell to 104.0 in April from a revised 108.2 in March. Economists expected the index to slip to 104.9 from the initial reading of 107.2 in the previous month. Both reports on present-day conditions and the short-term declined in April. It was the first decline in the present-situation index in six months. Consumers were less upbeat about labor market conditions and consumers expectations for inflation one year out rose to its highest level since last August.
NQ loses 1864.75 suport.
NQ loses 1864.75 suport.
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