Bright Dow start ruined by poor consumer data

A consumer confidence index put together by Thomson Reuters and the University of Michigan found sentiment dropped more than two points to 66.6 in September. Economists had projected a figure of 70. The Dow Jones made early gains on Friday, advancing 0.32% to 10,628.74, before slipping to 10,591, a marginal drop of 0.03%. Meanwhile, US economic data put the seasonally-adjusted consumer price index for August up 0.3% from July, broadly in line with expectations. The underlying inflation rate remained unchanged, while forecasters had predicted a 0.1% rise. Early winners on the Dow in...