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HomeNewsFinanceWall Street rises and Europe falls as US consumer confidence increases

Wall Street rises and Europe falls as US consumer confidence increases

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ftse In this Thursday, April 2, 2015 photo, shoppers walk past the Chanel Boutique on Rodeo Drive in Beverly Hills, Calif. The euro has fallen 10 percent against the dollar this year, but European luxury goods sold in the U.S. still carry luxurious price tags. (AP Photo/Richard Vogel)

US consumer confidence rose in May following three straight months of declines. The FTSE was down on Tuesday. (Richard Vogel, Associated Press)

Stocks on Wall Street pushed higher on Tuesday as US consumer confidence rose in May following three straight months of declines. The Conference Board, a business research group, said the index rose to 102 from 97.5 in April. Analysts were expecting the index to decline again.

It came as the FTSE 100 (^FTSE) and European stocks were lower on Tuesday despite UK shop price rises returning to normal levels, according to the British Retail Consortium (BRC) and research firm NielsenIQ.

Prices rose at an…



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