According to Fox Business, U.S. consumer sentiment slightly dipped in August from last month’s six-year high, though Americans were slightly more upbeat in their outlook than earlier in the month.

The Thomson Reuters/University of Michigan's final reading on the overall index on consumer sentiment slipped to 82.1 in August from 85.1 in July.

"Most of the late August gain was due to more favorable income expectations, with consumers expecting the largest income gains in nearly five years, although the median expected increase was just 0.9 percent, less than the expected rate of inflation," survey director Richard Curtin said in a statement.