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"Consumer sentiment dropped in June to the lowest level since December as consumers are getting increasingly concerned about the staggering economic conditions. The gauge dropped to a final June reading of 73.2 from 79.3 in May, signifying the lowest level since December. "

"Wall Street stocks surged on Friday on the strength of an agreement by European leaders to stabilize the euro region's banks, to end a difficult quarter on a high note. S&P 500 had its best day since December 20. "