WASHINGTON—U.S. household sentiment rose starkly at the beginning of May to its highest level in a decade and a half, driven by a brighter economic outlook. The University of Michigan on Friday said its consumer sentiment index was 102.4 in early May, up from 97.2 in April. Economists surveyed by The Wall Street Journal expected the confidence gauge to tick down to 97.0.

Source: Wall Street Journal May 17, 2019 14:32 UTC