Closure of Europe: Weak U.S. consumer confidence takes stocks off their pole – ShareCast

Closure of Europe: Weak U.S. consumer confidence takes stocks off their pole – ShareCast

Shares sold off gains early Wednesday, ending on a mixed note after weaker-than-expected data on US consumer confidence was released.

At the end of the afternoon, the US Conference Board revealed a drop in its consumer confidence index, from 91.7 for July to 84.8 (Barclays: 92.0).

This more than offset the positive headlines on the day of the biannual review of phase one of the…

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