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U.S. Commerce Secretary Bryson Resigns

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    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:55
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I'm Tracy Byrnes of the Fox Business -- was another tough day for the markets.

Concerns over global economic slowdown are weighing on Wall Street.

Around a disappointing reports on the US economy is also hitting stocks.

I -- the Dow is down about a 149 points.

And investors are also bearish over CarMax after the company posted lackluster first quarter results.

Higher average selling prices just wasn't enough for the company to offset the slowdown it's on wholesale demands.

And US commerce secretary John Bryson has resigned from his post because of medical reasons.

Earlier this month Bryson -- involved in a -- of accidents in Southern California upon suffering from what he says with a seizure.

-- and formally submitted his resignation in a letter to President Obama late Wednesday.

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