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Consumer Comfort Index in U.S. Climbs to Highest Level in a Year

Consumer confidence in the U.S. climbed last week to a one-year high, spurred by improving employment opportunities and a rally in the stock market.

The Bloomberg Consumer Comfort Index rose to minus 41.7 in the period to Feb. 5 from minus 44.8 the previous week. Confidence among political independents, considered a key group in presidential elections, increased to a four-year high.