1057 GMT - To many investors, good news in the May consumer-confidence survey set to be published by The Conference Board Tuesday could be as simple as no more bad news. The survey's primary sentiment index has fallen precipitously since late last year amid unease about trade policy. Wall Street analysts, however, are forecasting at the median that the sentiment index will hold steady from April in May at 86--marking the first month in half a year without a decline. President Trump's pauses and walk-backs of severe tariffs initially floated last month have improved many economists' and investors' expectations for the year. If consumers agree, it would be a positive sign that their retreat from shopping and spending might be minimal. (matt.grossman@wsj.com, @mattgrossman)
(END) Dow Jones Newswires
May 27, 2025 06:57 ET (10:57 GMT)
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