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Here Comes Consumer Confidence...

Mamta BadkarApr 29, 2014, 19:05 IST

REUTERS/Rick Wilking

At 10 a.m. ET we get the Conference Board's consumer confidence reading for April.

Economists polled by Bloomberg are looking for consumer confidence to rise to 83.2, from 82.3 in March.

Consumer spending accounts for about 40% of the economy and investors watch this to gauge how the economy is holding up.