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Retail Sales Down for 2nd Straight Month

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  • Description

    FBN’s Robert Gray on retail sales decline in May.

  • Duration 0:55
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-- Fox Business brings another.

It's not a game for the -- the European debt crisis once again the focus for investors here in the US for the closing bell the Dow was down 77 point.

And other states -- concern for traders and investors a disappointing report on US retail sales in May.

And sales last month posted a second straight monthly decline in demand for building materials tumble.

But the drop of two tenths of 1% was in line with expectations.

Lower gasoline prices also took a total on overall sales.

And Stanley Black & Decker is reportedly putting its hardware and home improvement unit up for sale the Wall Street Journal reports the company may get roughly one and a half billion bucks.

It's a high margin unit for Black & Decker but the company reportedly would rather invest its cash elsewhere.

That has the latest from the Fox Business Network giving you the power to prosper.

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