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5 Stocks to Buy as Consumer Confidence Soars to Two-Year High
AMWDAmerican Woodmark (AMWD) Zacks Investment Research·2024-02-05 14:41

Wall Street rallied in January on hopes that the Federal Reserve is likely done with interest rate hikes and rate cuts are in the anvil. The positive outlook has made consumers a lot more confident now, which saw the consumer confidence level and future outlook making a solid jump in January.The Conference Board said on Jan 30 that the U.S. consumer confidence level index raced to 114.8 in January, way above December’s reading of 108. January’s reading not only reflected the third straight monthly jump in c ...