04:09 PM EDT, 05/24/2024 (MT Newswires) -- US equity markets ended higher Friday as traders evaluated consumer sentiment and durable goods data.

* The University of Michigan consumer sentiment index for May was revised higher to 69.1 from the preliminary estimate of 67.4, but the reading was still below April's reading of 77.2 and was the lowest in five months. The consensus was for 67.7 in a survey compiled by Bloomberg.

* US durable goods new orders rose by 0.7% in April following a downwardly revised gain of 0.8% in March, compared with expectations for a 0.8% decrease in a survey compiled by Bloomberg.

* July West Texas Intermediate crude oil closed up $0.86 to $77.73 per barrel, while July Brent crude, the global benchmark, was last seen up $0.77 to $82.13.

* Boeing ( BA ) shares were up 1.4% after saying it created an event review committee that will encourage employees to speak out about their product quality and safety concerns without fear of reprisals.

* Ace Global Business Acquisition ( ACBA ) shares fell 0.6% after the company said its business combination agreement with LE Worldwide was mutually terminated and it is ending the business combination efforts.