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US consumer confidence likely dipped in July
The Conference Board releases its June index on U.S. consumer confidence Tuesday at 10 a.m. Eastern. CONFIDENCE DIPS: Economics expect that consumer confidence will slip to 100 in June, according to a by data firm FactSet. Optimism likely moderated this month after jumping sharply in June. Confidence climbed to 101.4 last month after a May reading of 94.6. The index has increased 17.4 percent over the past year. HIRING BOLSTERS CONFIDENCE: A multi-year hiring streak has lifted certainty about the job market and business conditions, but the absence of meaningful wage growth has limited the benefits from the improving ... (full story)