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Housing Starts Fall 4.8% in May

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    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  • Duration 0:55
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We've brought you the breaking news of the top will be now off France's president calls while all around says that -- the IMF is not a -- up backstop the Euro zone believe it has done so for countries like Greece.

That's moderately bad news.

Some of those European countries with city.

-- look at -- live video JPMorgan chairman and chief will testify in this hearing today on his bank's surprise multi.

Billion dollar trading loss Fox Business we'll take you -- live.

So when these Simon is given -- And on the nation's housing market according to the Commerce Department.

Housing starts down four point 8% month over month but combat the last year a year -- yet all -- 28%.

So -- you know really clear sign that housing took them off.

And up next -- -- on President Obama marijuana and watch some things could be an October surprise felt -- John.