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Demand for Durable Goods Rises Less Than Expected
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FBN's Lori Rothman breaks down late-afternoon market news.
- Duration 0:55
- Date May 24, 2012
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FBN's Lori Rothman breaks down late-afternoon market news.
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I'm Lori -- with your Fox Business -- if it is another down day for Wall Street the blue chips are on track closed in the red for a fifteenth session -- the last seventeen trading session.
And that is the longest seventeen day losing streak since August of 1982.
Demand for durable goods rose less than expected in April a sign factory activity may be losing momentum in the second quarter of new orders were up two tenths of 1% last month.
Slight gain from the more than three and a half percent decline in March.
And -- New York Yankees up for sale now not according to Hank Steinbrenner Steinbrenner has.
Denying -- report that he and his family considering the sale of the iconic -- calling it.
Complete -- the New York Daily News reported Steinbrenner was exploring the possibility after the recent -- the Los Angeles Dodgers for more than two billion dollars.
That is the latest from the Fox Business Network giving you the power process.