U.S. consumer confidence sees the largest drop since April, with increasing concerns about employment and economic prospects.

According to Jinsuo Finance, consumer confidence in the U.S. fell to its largest drop in seven months in November due to increasing concerns about the labor market and overall economic outlook. Data from the World Federation of Large Enterprises shows that the consumer confidence index dropped by 6.8 points to 88.7, while the median expectation of economists was 93.3.