Consumer Confidence Better Than Expected

Consumer confidence was just released for November, and it was much better than expected, and stocks are peeling back losses as a result.

November consumer confidence came in at came in at 54.1, much better than the 52.0 economists were expecting. October was revised to 49.9.

At last check, the Dow was off 52 points, the S&P 500 was lower by 7 points and the NASDAQ was lower by 22 points.