Consumer confidence hits 118.9 in June, versus 116 estimate

• The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 118.9 this month from 117.6 in May. The gains suggest that many Americans expect the economy to keep expanding, although the pace of growth is unlikely to accelerate much.
• More consumers described current business conditions as "good" and jobs as "plentiful." The upbeat results may reflect the robust 4.3 percent unemployment