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Strauss-Kahn Criminal Sex Charges Dismissed

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    FBN's Sandra Smith breaks down afternoon market news.

  • Duration 0:58
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I'm Sandra Smith with your Fox Business -- New York judge dismisses the sexual assault charges against Dominique Strauss-Kahn.

The judge is aware of that at that -- athletic court is reviewing the complained to judge granted the -- -- thirty days to decide pending that court's decision.

The and indictment has been dismissed the case crumbled after his accuser admitted lying to prosecutors.

Meanwhile the markets remain firmly in the Green an afternoon trading right now the -- is.

Up 196.

Points nearly 2% gain their across the board.

And the cost to insure Bank of America's debt hits record highs today investors are worried about the banking -- need for additional capital.

Concerns over the ongoing mortgage related troubles also taking -- toll.

Right now BankAmerica shares are the biggest loser on the Dow Jones Industrial Average in the financials sector.

That's the latest from the Fox Business Network giving you the power to prosper.