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According to the University of Michigan consumer sentiment weakened in June as Americans' views of the economy darkened. Its final reading for June fell to 93.5 from 94.7 in May. In a MarketWatch survey, economists had forecast a 94.0 reading. That was also well below its level a year ago, when it touched 96.1. Consumers were more bearish about expectations for the economy. That gauge fell to 82.4 from 84.9. Views of current conditions perked up, rising to 110.8 from 109.9. Such readings point to a 2.5% gain in consumer spending in 2016, survey director Richard Curtin said in a statement.
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