WRAPUP 2-U.S. consumer confidence stabilizes; new home sales surprise
U.S. consumer confidence
nudged up in May, suggesting the worst of the novel
coronavirus-driven economic slump was likely in the past as the
country starts to reopen, but it could take a while for the
economy to dig out of its hole amid record unemployment.
nudged up in May, suggesting the worst of the novel
coronavirus-driven economic slump was likely in the past as the
country starts to reopen, but it could take a while for the
economy to dig out of its hole amid record unemployment.
Posted by Reuters
