U.S. July consumer sentiment falls

WASHINGTON (MarketWatch) -- U.S. consumer sentiment fell in July, according to media reports of a survey released Friday by Reuters and the University of Michigan. The UMich index fell to 67.8 in late July from 76 in late June. An earlier sentiment reading for July was 66.5 Economists polled by MarketWatch had expected a final July level of 67. The June reading was the highest level in more than two years. The average level of the index is around 87. Jobs and a weak economy have been worrying consumers, according to recent data.