Investing.com - U.S. consumer confidence deteriorated sharply in February, falling to a seven-month low.
The Conference Board said its consumer confidence index fell to 92.2 from 97.8 in January.
Continued turmoil in the financial markets rattled consumers, with the short-term outlook growing more pessimistic.
The index rose to a three-month high in January as a strong job market and low gasoline prices helped bolster confidence.