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New Home Sales Rise More Than Expected in April

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    FBN's Diane Macedo breaks down late-morning market news.

  • Duration 0:59
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I'm -- -- with -- Fox Business -- new home sales rose more than expected in April to a seasonally adjusted annual rate 343000.

Even with the gain.

Sales remain below what economists consider healthy market.

Two former Reebok India employees are being investigated for fraud -- caught could cost -- company.

157.

Million dollars according to Indian media reports -- India's former managing director and chief operating officer.

Are accused of stealing merchandise falsifying bills and siphoning off -- they companies.

And concerns about Greece will lead to that Greece will leave the Euro -- Are taking -- tall on the market here in the US and the Dow closes in the red today.

It will watch the fourteenth bloc in fifteen -- that the worst sixteen day performance in thirty years right now the Dow is down about 170 points.

That's the latest from the Fox Business Network giving you them -- -- process.