US consumer sentiment rose in early July to a five-month high as lower gasoline prices boosted morale. The University of Michigan’s preliminary sentiment index increased to 54.4 in July, from 49.5 in June, topping all estimates in a Bloomberg survey of economists. For more, Bloomberg's Tom Keene and Damian Sassower spoke with Tiffany Wilding, Economist: North America at PIMCO

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