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Personal Income Rises 0.2%

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  • Description

    FBN's Lauren Simonetti breaks down late-morning market news.

  • Duration 0:55
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Anyway here Fox Business read news from across the pond is boosting the market here in US investors.

There cheering the decision from eurozone leaders to -- rescue funds to stabilize.

The region's debt crisis and right now the Dow is higher by 224.

Points.

Americans were more cautious about their spending last month consumer spending remains unchanged last month it's actually the weakest figure.

Since spending was also unchanged back in November now keep in mind that spending accounts for more than two thirds of US economic activity on the upside personal income growth was up two tenths of 1%.

Matching April's modest increase.

And consumer sentiment dropped to six month low as americans' views of the economy sours.

June's final reading from the University of Michigan -- -- 73 points you know lowest level since December.

And below what economists had forecast and that the latest from the Fox Business Network giving you -- house.

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