Consumer confidence rises to a better-than-expected 128.7 in April

An index of U.S. consumer attitudes increased in April, recovering from a fall in March.

The Conference Board’s measure of consumer confidence increased to 128.7 this month, up from 127 in March.

The April reading beat a forecast from Reuters analysts, who expected the index to slip further to 126.

Consumer confidence fell in March, breaking a two-month streak of gains.