MW: Dollar stays down after U.S. spending, income data
By Nick Godt
NEW YORK (MarketWatch) -- The dollar stayed slightly lower in thin trade early Wednesday, after U.S. reports showed personal income rising but consumer spending gaining less than expected in November. The dollar index (DXY 78.10, -0.16, -0.20%) , which measures the U.S. unit against a basket of six major currencies, stood at 78.110. Consumer spending rose 0.5% in November, compared to economists' expectations for a 0.7% increase. Personal income rose 0.4%, in line with expectations.
