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Fresh Concerns Over EU Debt Crisis Weighs on Wall Street

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  • Description

    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:55
  • Date

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PG dot com.

I'm Tracy Byrnes of the Fox Business every well breast concern.

-- of the European debt crisis and the disappointing report on the US housing market.

Are all weighing heavily on the markets right now the Dow down about a 167 points.

Pending home sales fell in April to a four month low the National Association of Realtors index came in lower than expected -- five and a half percent from march.

The south and West Coast of the sharpest drop in contract signings.

Instead of Pep Boys are sharply lower after agreeing to cancel the takeover deal with private equity firms the gores group.

The auto parts retailer second deal with the gores -- in January for about 791 million dollars.

We'll earlier this month employers' -- sought to delay the -- after Pep Boys reported it barely made a profit last quarter.

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

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