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Consumer Spending Remains Unchanged in May

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And -- friends with your Fox Business -- on the market rally.

Continues in afternoon trading traders are cheering the efforts by European leaders to address the region's debt crisis.

Right now the Dow up about 244 points.

But Americans were more -- about their spending in May consumer spending remained unchanged last month.

It's the -- -- since spending was unchanged back in November.

He reminds many cancer more than two thirds of US economic activity.

And the upside personal income growth was up two tenths of a percent matching April's modest increase.

The consumer sentiment though drops to a six month low as Americans view of the economy -- hours.

-- final reading from the University of Michigan fell 73.

Point two.

That's the lowest reading since December and below what economists forecast it.

And that's the latest from the Fox Business Network giving you the power of --