U.S. Consumer Confidence Hits 18-Year High on Jobs, Income Views.

U.S. consumer confidence rose in October to an 18-year high amid optimism about jobs and the economy, according to figures Tuesday from the New York-based Conference Board. "Consumers' assessment of present-day conditions remains quite positive, primarily due to strong employment growth", Lynn Franco, director of economic indicators at the Conference Board, said in a statement. [Extracted from the article]