the numbers the university of michigan’s gauge of consumer sentiment slid to 668 in november it’s lowest level in a decade from a final october reading of 717 economists had expected a reading of 72 according to a wall street journal poll key details a gauge of consumer’s views of current conditions fell in november to 732 from 779 in october while an indicator of expectations declined to 628 from 672 in october household inflation expectations for the next 5 years held steady at 29 above its prepandemic level of 23 expectations for 1year inflation rose to 49 it’s highest level since the summer of 2008 from 48 in october market reaction stocks held on to modest gains following the report with the dow jones industrial average djia and sp 500 index spx both edging higher friday morning