May 27, 2026

Consumer confidence in May stood at 93.1 points, above the expected 91.9

International

Yesterday, the Conference Board's (CB) Consumer Confidence Index was released, a survey that serves as a leading indicator of economic activity. Following a weak reading in the University of Michigan's similar survey last week, the CB index came in at 93.1 points, above the 91.9 expected by analysts, although slightly below the 93.8 points of the previous month.

As for the main US stock indices, the start of the week was mixed. The Nasdaq led the way, closing up 1.2%, while the S&P 500 rose 0.6%. The Dow Jones, on the other hand, fell 0.2%. Year-to-date gains stand at 14.7%, 9.8%, and 5.0%, respectively.

Finally, US Treasury yields compressed across the entire curve. The 1-year Treasury note closed at 3.80%, down from 3.84% previously, while the 3-year note closed at 4.09%, also down from 4.17%. Meanwhile, the 10-year note settled at 4.49%, down from 4.56%.

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