MW: Consumer sentiment improves in late Oct., UMich
By Greg Robb
WASHINGTON (MarketWatch) -- Consumer sentiment improved in late October, according to media reports on Friday of the Reuters/University of Michigan index. The consumer sentiment index jumped to 70.6 in late October from 69.4 earlier in the month. The increase was slightly above expectations. The consensus forecast of Wall Street economists had expected sentiment to rise to 70.5. Sentiment is still below the 73.5 level set in September.
