Consumer sentiment drops as U.S. high earners shaken by Brexit

WASHINGTON - Consumer confidence in the U.S. dropped in July as U.K.’s vote to leave the European Union flustered high-income earners. The University of Michigan’s preliminary sentiment index fell to 89.5, a three-month low, from 93.5 in June. The median projection in a Bloomberg survey called for no change. The Brexit vote’s outcome caused global…

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