Consumer sentiment softens at the end of February

March 1, 2024

Story developing. Stay tuned for updates here.

The numbers: The second of two readings of the consumer sentiment survey in February fell to 76.9 from 79.6 earlier in the month, the University of Michigan said Friday.

The consumer-sentiment survey reveals how Americans feel about their own finances as well as the broader economy.

Sentiment is still well below prepandemic levels of around 100, however.

Market reaction: The Dow Jones Industrial Average
DJIA,
+0.02%
and S&P 500
SPX,
+0.24%
were mixed in Friday trades.

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