Quick Overview

• U.S. personal income was up 0 .7% in April.
  
  

• The University of Michigan's final consumer sentiment index for May fell to 86.9, the fourth straight drop and the lowest level since September 2003, though it rose from a preliminary reading two weeks ago.
  
  

• Personal spending rose for a third consecutive month in April, rising 0.6%, the Commerce Department said Friday.
  

• YoY Hong Kong's GDP increased 6% in the first quarter.
  

• Japan's retail sales were up 3.9% in April.