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…