Summary box: Stocks of elevators to gain confidence to consumers (AP)

CONFIDENCE BOOST: A decrease in price of gasoline this month helped the Americans feel more confident in the economy. The Thomson Reuters/University of Michigan Consumer index came in above analysts estimates.

Higher income: the Commerce Department reported that personal income and spending each rose 0.4 percent in April, another sign of hope that consumers are becoming more willing to buy more.

WEEK DOWN: major indices are still down slightly for the week, extending their weekly losses to four. The Dow Jones index is off the coast of 0.6%, and the & S P 500 and Nasdaq are both down 0.2%.

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