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Final UMich sentiment reading revised lower

Final UMich sentiment reading revised lower (by Steve Goldstein)

WASHINGTON (MarketWatch) -- Consumer sentiment in November gained slightly to a reading of 82.7 but wasn't as strong as initially estimated, the University of Michigan and Thomson Reuters said Wednesday. Initially, they had reported a reading of 84.9 in November from a final October reading of 82.6. Economists polled by MarketWatch had expected a downward adjustment to 84.0.