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May Consumer Sentiment Hits More Than 4-Year High

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  • Description

    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:56
  • Date

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I'm Tracy burns and if Fox Business -- for.

For the bulls are making their way downtown Wall -- -- better than expected news on the US economy overshadowing that's surprising two billion dollars trading -- and JPMorgan.

And consumer sentiment climbs to more than forty year high in early may the preliminary reading from the university of nist in coming in DeVon expected.

To 77 point eight highest reading since January 2008.

And Arena Pharmaceuticals is soaring after an FDA advisory panel approved the company's experimental obesity drug.

-- -- is one of three new potential obesity treatment seeking US approval now all three -- have been rejected in the last two years because of serious potential side effects.

The panel still has concerns about the side effects but they say it can be addressed in post approval studies.

And that's the latest from -- Fox Business Network giving you the power to prosper.

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