Financial Times FT.com

Disney helps offset dip in confidence

By Samantha Pearson

Published: November 13 2009 22:18 | Last updated: November 13 2009 22:18

Encouraging results from Walt Disney and Abercrombie & Fitch helped Wall Street edge higher on Friday, offsetting data showing a surprise drop in US consumer confidence.

Sentiment among American shoppers fell in early November to the weakest in three months, according to the index compiled by the University of Michigan.

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