U.S. Consumers Gloomier in Early May

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U.S. consumers felt less upbeat in early May as high gasoline prices and worries about the job market took their toll on confidence, a report said on Friday.


The University of Michigan said its measure of consumer sentiment slipped to 85.3 so far this month from 87.7 in April. Wall Street analysts had been predicting a slight gain to 88.


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