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Stock impact report

Consumer Sentiment Revved Up on the Eve of the Election [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
Business expectations hit their highest marks in four years, while consumer expectations were at their highest point since July 2021. The results were taken ahead of Tuesday's election results, but economists have said that consumer sentiment generally improves in the aftermath of an election. Consumer sentiment hit its highest readings in six months as expectations surged heading into the presidential election. The Michigan Consumer Sentiment index rose for the fourth straight month to hit 73.0 in the preliminary November reading. That's up from the 70.5 in October , as inflation worries continued to subside. The survey concluded before the Tuesday election of Republican Donald Trump, though economists have pointed to surges in confidence following an election “Consumers are expecting economic progress for them, including cooling inflation and lower interest rates,” said Robert Frick, corporate economist with Navy Federal Credit Union. Among the biggest improvements in the Show less Read more
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