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Stocks are Mixed Despite Strong Retail Sales

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  • Description

    FBN's Robert Gray breaks down afternoon market news.

  • Duration 0:53
  • Date

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I'm Robert Gray with your Fox Business three stocks still searching for direction as investors -- competing news about strong US retail sales.

Vs a troubling increase in Spain's borrowing costs right now the Dow up sixty points and NASDAQ and S&P in the -- Investors are plowing money into government bonds and treasuries as concerns ever Spain's finances are fueling the appetite for safer investments.

And as as prices rise the yields moving lower.

Fitch ratings has lowered its outlook for Best -- to negative from stable the ratings -- says electronics retailer faces more pronounced head winds around same store sales.

Market share -- competition.

-- other similarly leveraged retailers Best Buy is seen as sales squeezed by stiff competition from online retailers like Amazon.com.

And discounters including Wal-Mart.

That is the latest from the Fox Business Network giving you them.

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