Consumer Sentiment Soars To 5 Year High

Consumer sentiment soared in May, surging to its best level since October, 2007. Toyota will roll out 8 new compact cars in the emerging markets. PayPal has reached a deal with 15 new retailers, including Toys R Us, J C Penney, and Barnes and Noble, that will allow consumers to pay for purchase with their smartphones. And Morgan Stanley will adjust thousands of trades relating to last week s botched Facebook IPO.