U.S. consumer-sentiment rebound tops forecasts after shutdown

The University of Michigan’s preliminary February United States consumer sentiment index rose to 95.5, exceeding the median forecast in a Bloomberg survey for an increase to 93.7. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK - United States consumer sentiment rebounded by more than forecast from a two-year low, suggesting recent weak retail sales will be a temporary blip after the government shutdown ended and the Federal Reserve signaled it would hold off on interest-rate hikes. The University of Michigan’s preliminary February sentiment index rose to 95.5, exceeding…

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