sandra: breaking news this morning after the worst losses of the year yesterday. u.s. stocks bouncing back. u.s. stock index futures ahead of the opening bell on wall street this morning. we are also talking about a different story in europe where stocks opened sharply lower yet again increased as greek citizens try to pull money from cash machines the country is just hours away now from defaulting on a $1.8 billion payment to the imf. a live report from athens. the website for investors in china continues today after being down 5% at one point in

the session. the shanghai index turned around and jumped 5% all in one trading day. wild action there. of that expectation apple debuts its treatment service today. good morning. i'm sandra smith joined by lauren simonetti entry in life. welcome to try and make him your first look at today's markets come your latest breaking news in what to expect that they had. nicole, you are looking at how janet yellen views this turmoil. nicole: i'll tell you what everybody is betting on. sandra: lauren, not just increased their investing on today. tremper report on the market, consumer confidence in what comes out on thursday. trenches something tells me to set the listen to all that is though. the country's bailout program and today the countdown continues and it's unlikely greece will make a loan payment

to the imf that is due at 6:00 a.m. eastern time today. ashley webster joins us with the latest developments including a last-ditch plan from the european commission. good morning to you, ashley. >> good morning, sandra appeared as you point out ,-com,-com ma the payment in june to the international monetary fund, $1.8 billion pretty unlikely that the payment will be made for the average person. they do care about getting their cash out of the bank and the lines continue as banks closed today. the atms i wrote then, does it still have cash in the capital controls means they can only take out 60 euros. this began yesterday from people orderly about it. i've seen people smiling as they get the cash and leave.

what happens next for greece in the insurgency is of course very worrying. the prime minister went again before the countries saying a vote for him to vote for impasse. he gives us greater negotiations. we cannot and will not live under the conditions the e.u. creditors want us to. no one giving the grounds that it would did have the european commission making another offer. nothing from the great yet on whether they might accept a renewed effort. it doesn't seem likely but we will be here all day to cover. sandra: i thought that back-and-forth with your production staff how you can even withdraw at the atm there. this is something the great people resist right now. for years all of a sudden when you can get cash out of the cash machine really brings it home.

reporter: it really does. the wages have rd followed 30% said they've got used to survive on less money and list or restrict them the money at the bank accounts in the amount they take out during the day. we couldn't get any cash from our hotel. we asked the front to ask whether it be more cash machine. they said we don't know. sandra: ashley webster live in athens. thank you. the shanghai composite another wild ride following yesterday's 3% drop. the market fell more than 5% early in the session only thing to rebound for a gain of 5%. government measures 72 week stumble appear to have won back the investor confidence patient cut interest rates over the weekend. we didn't see the positive reaction but a big turnaround in the stock market finishing very positive on the session.

let's get you caught up in a global markets as they look at how trading did lay out in asia. positive trading the hang seng in singapore up a full percent. in europe, watching stocks after a very volatile day yesterday. all trending to the downside. kerry makes global market action we see at this hour. look at u.s. stock index futures for an idea of what things look at a few hours from now. dow futures up 47 points. joining us now is mike ingram, market analyst at bcg markets. might come in thank you for joining us. can you give us some color as they kick off the trading day here in the u.s. what have you seen so far as trading and concern in the wake of continued inside of greece and the trading day there in london. >> it is very edgy this morning.

investors ran into the space first yesterday morning. so it's a massive fall obviously yesterday. this has continued into some form today with heavy trading volume to clients not of the same magnitude yesterday and periphery that in europe. it is still heading south as we talk for right now. of course it remains very sensitive to the statements from the ecb. obviously the imf in focus today. greece itself in the rhetoric is extremely poisonous. sandra: the countdown continues. of course the big one coming this afternoon. thank you for the update come and live for us from london. with concentrated a lot on greece but the u.s. economy will be in focus today in the rest of the week.

lauren: investors now watch how they feel about the economy, if our factories are passing minute for getting jobs. it all starts at 9:00 a.m. eastern. the homeland price index for april expected to rise 5% year-over-year. 9:45, to generate expected to rise to 50.6. mais number was a red flag of 46.2. at 10:00, consumer confidence index for june expected to drive. the most important of the lake erie just looking at, a june jobs report this time on thursday expect it to show 230,000 jobs were added from 280,000. the unemployment rate to take over 25.4%. data coming out today in addition to everything in greece. sandra: used to be summer to be

summer months we could all just relax a bit. not the case right now. the financial crisis increases monitored by regulators in the u.s. nicole has that story. nicole: greece, china, puerto rico, labor,, labor contemplation. these are the things the fed looks at. securities and exchange commission is watching all the developed an increase. it is paying particular attention to how it could affect u.s. markets and great companies that trade in the u.s. the great companies on the nyse are national bank of greece. what happens in greece could delay that plans to raise short-term interest rates. fed officials signal earlier this month they expect those rates to increase this year after keeping them near zero for almost seven years out of the great procession. perhaps as early as september. the recent turmoil in greece, china, puerto rico could delay

the move if it ends up knocking the u.s. economy off track. we heard from a fed governor over the last 24 hours talking about all the weakness and that could be had when for the u.s. we also saw the fed funds rate was 45% and is now down to 35%. sandra: puerto rico has no plans right now to offer a federal bailout to puerto rico. there is a problem there. the governor of the u.s. territory warrants the island nation can not pay a $72 billion that appeared puerto rico asking washington to go to chapter nine bankruptcy like detroit did. the governor says sacrifice must be shared by bondholders. the largest holders of puerto rican is the u.s. ambassador.

chris christie to jump in the 2016 white house race today. the 52-year-old republican is set to announce his decision a little bit later on. the former federal prosecutor has twice been elected governor in the heavily democratic state. 13 republicans have jumped -- joined the gop presidential race. fox business will be carrying christie's announced that live around 11:00 eastern time this morning. a look at the headlines and the wall street turnout, iran sends top officials to nuclear talks. two senior officials to nuclear talks in a last-minute that u.s. officials that knowledge will miss today's deadline. labor department to expand overtime eligibility. millions more americans in excess of 40 hours a week will qualify for overtime pay under a proposed rule that labor department is dead to unveil today. hp fine-tunes to

hewlett-packard's jena safely divided $111 billion in annual revenue company has spent 600 locations without compromising the flow of revenue or payments to employees and suppliers. coming up after posting their worst loss of the year yesterday, u.s. stocks bouncing back and checking in on u.s. stock index futures. dow futures up 70 points. tennis players advance in the early rounds of wimbledon. we will have the highlights. you are watching "fbn:am" your first look at morning markets and breaking news. ♪ you are looking at two airplane fuel gauges.

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sandra: let's say you caught up on global markets at 5:15 a.m. on the east coast. stocks looking to the upside, finishing a pretty strong session. the hang seng in the singapore is that averages of more than 8%. in europe come a different story continued concerns about the following greece having a negative effect on markets there. ftse icac and dax all to the downside. future is following up on yesterday's big losses. dow futures up 71. s&p futures up 10, nasdaq futures at 15. turning to sports this morning, the yankees have a late night on the coast. mike trout was the star with the bat as the bat as well as the glove. his home run put the l.a. angels

ahead tuesday. trout made a couple of runs in the outfield. the angels won four to one. antennas, the big news to dwell on day one of wimbledon. he strolled into the second round wins. the same goes for women's maria shara powe via an four in the french open standard drink a five-time champ had the most impressive start to the strait said. a big night for the u.s. women's soccer team, team u.s.a. taking on germany in the semifinals tonight in montréal. team u.s.a. fans to the semifinals of with a one minute they made in china. germany got there with it when over. coming up a day after massive antiauthority protests in greece, the country is now just hours away from defaulting on the $1.8 billion payment to the

imf. puerto rico drowning in debt. the governor saying his government is broke and should declare bankruptcy. we will have the latest on that. after the worst loss of the year yesterday, u.s. tax may be bouncing back this morning. checking in on stock u.s. futures, up 70 points at the higher rope in. you are watching "fbn:am" commented your first look at morning markets and breaking news.

sandra: breaking news this morning after the worst losses of the year for the u.s. stock market yesterday.

they are climbing back today. u.s. stock market futures ahead of the opening bell this morning. pointing to a higher rope on wall street. dow futures at 67. a different story in europe are stocks opened sharply to the downside. the ftse in london on three quarters of a percent. greek citizens try to pull money from tax machines. the country hours away from defaulting on the $1.8 billion payment to the imf. a live report for you from athens. the wild ride in china continues after being down 5%. at one point in the session the shanghai index turns positive and jumps 5% trending higher in one trading day, closing 5% higher. amid great expectations, apple debuts as streaming service today. good morning, everyone. i am sandra smith joined by lauren simonetti entrance life. welcome to "fbn:am" come your

first look at the breaking is and what to expect that they had. nicole, you are looking at how genocide and infused turmoil in greece. nicole: we are watching china. how about puerto rico. will they or won't they. sandra: blog recently hailed story. >> tons of data and the calendar today is the last day of the month from the first half of 2015 fine guy. >> people line up to withdraw no more than $67 at the prime minister alexis tsipras encouraging citizens to vote no against predators proposals in the referendum saying they would prolong the financial problems. a bailout program at european creditors and today is unlikely acted so unlikely acted to make a down payment to the international monetary fund to immediately. the foreign minister telling the ambassador to greece that the country will not leave the

eurozone. let's get a closer look at the asian markets at business reporter tracey chang who is live in beijing. tracey, what is the latest you see over there as we do see global markets continue to be very volatile. reporter: asian markets are widely recovering today. the nation at composite as one of the most dramatic performances, dropping more than 5% only to recover more than 5% to end the trading day. investors were encouraged after large amounts of cash flow into the country's biggest etf. also looking at hong kong markets higher. the hang seng up 1.1%. investors speculating the institutions are stepping into the market to prop up blue-chip stocks. japanese shares recovered today is about the nikkei up about six tenths of 1%. the doj will buy more investor

sentiment than over in south korea the kospi landed in the green gaining six tenths of 1%. sandra: tracey chang live for us in beijing. let's get you caught up on the global markets as they look for asian trading on the flipside very different action in asia versus europe this morning and all translating to an update for this index futures pointing to a higher open. we saw the dow raised in a game that it had made for 2015. european markets showing some weakness and here at home some green arrows to report dow futures bouncing back 77 points right now. the bottom of your screen and the vic's index as we start to see a volatile stock market. joining us now for reaction is joe randall trading at btx capital. he joins us by phone from

london. good morning to you in thank you for joining us today. what kind of action are you seeing over there and what is the anticipation as we work our way towards this debt payment deadline this afternoon. >> is there in the market today. i've come to the reality of the greek will miss their imf payment today and that is really hitting the headlines. the proposal may be a temporary default do not believe those things forward. we are now front and center. greek greece may that the market. sandra: seen a lot different action there versus here. markets arrow pointing to a higher rope in here. joe randall, thank you for giving us some color so early in the morning is to kick off the trading day in the u.s. the financial crisis being

monitored by regulators in the u.s. nicole watching the story this morning. nicole: no doubt we are all tied together in the foreign exchange markets and the securities and exchange commission is watching all the development agrees and paying particular attention to how it could affect u.s. market and companies that trade in the u.s. the new york stock exchange national bank of greece and maritime holding to name a couple. what is happening in greece could delay the federal reserve's plans to raise the short-term interest rates. fed officials signaled earlier this month they expect to raise after keeping the near zero for almost seven years, perhaps as early as september. the recent turmoil this scene in greece, china about puerto rico could delay the move if it ends up knocking the u.s. economy off track. that is at the federal market committee is looking at.

they look about these things tie together. i looked to i looked at it for see if we have a stronger u.s. dollar. will start to see whether we are slower u.s. growth. these are the things to look at. you just pointed out the indexes the sentiment overall. over 34% and things are seen in over two years. the future is now 35% from 45% about whether they get the rate hike in september. sandra: great to watch. the volatility index has been a contrarian indicator for the stock markets. a big jump there could be a red flag that tides are changing in the stock market. the white house says it has no plans to offer a federal bailout to puerto rico. the governor of the u.s. territory once the island nation cannot pay $72 billion in debt. puerto rico -esque in washington to allow it to go to chapter nine bankruptcy like a true day. the governor saying sacrifice must be shared by bondholders. new jersey governor chris

christie expected to make things interesting today. he is jumping in the 2016 white house race that the 52-year-old republican said to announce his decision later on today. the former federal prosecutor has been twice elected governor in the heavily democratic state. 13 republicans have joined the gop presidential race. fox business will carry christy's announcement live at 11:00 a.m. this camp is already said there will be no teleprompter. that is on the watch, folks. before you head out the door, let's get a look here a look at your tuesday forecast. maria molina, good morning to you, maria. reporter: hello, maria and everybody at home. we are tracking a slow pattern with a big high pressure system out west with hot conditions and generally dry conditions as well. we do have a little moisture up there, isolated storms clearing up. across parts of the east of the great lakes in portions of the interior northeast, temperatures

will be relatively cool and conditions very stormy matches for today but the next couple days. here's a look at the forecast for today. severe storms possible for the big chunk of eastern u.s. and tomorrow more severe storms possible as well. sander over to you. sandra: maria, thank you. after posting the biggest losses of the year, stocks may be bouncing back a little today. stock index futures are pointing to a higher open this morning. dow futures building on earlier gains after now 115 points. some strength in the u.s. stock spearheaded the opening and great expectations. this way for apple's new music service it starts today. we will tell you what to expect. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: was too caught up on global action this morning. a lot of it across the globe. stocks finished the day higher. there has been a huge loss in overnight trading and have finished much higher on the fashion for some of those

markets. the singaporean accent more than a full percent. european trading to the downside you see the ftse, cac and dax with growing concerns this afternoon. u.s. stock futures, while we saw just a very weak trading session yesterday, one of the worst of the year and i doubt going negative bouncing back and futures up 107. apple making news today. lauren is following all the latest on that. lauren: looking at the shares get a little boost. apple streaming music is out today. free for the first 90 days and then 10 bucks a month simply by updating your operating system on your iphone or ipod. the red music icon turns white when you're done. but to give a type of music? 24 hours a day, you get a way to interact with the artist and curated music just for you.

plus there's music on there that other streaming services will not have, namely taylor swift 1989. dr. dre's 1992 the chronic and ac/dc reportedly put in their catalog on apple music plus apple's rivals. apple is betting it can convert many of its 800 million itunes users and pay streaming subscribers. the biggest rival right now is bona fide with almost 500 million paying customers in the u.s. with such market share looks like mark apple might be able to beat them. >> what is interesting is 100 million cap itunes users, only 25% outside actually spent $110 on albums and songs. we will see whether or not people actually fork it over. sandra: everybody says pandora, nobody will pay for it.

i am a loyal pandora user. i pay a whopping $4.99. sandra: i have nothing on your compass of bring it on. the country is now just hours away from defaulting on a $1.8 billion debt repayment to the imf. we will have a live report from athens on the very latest on that. and what is does the turmoil increased need for janet yellen of the federal reserve. the latest analysis on that. after the worst loss of the year, u.s. stock index futures bouncing back this morning, pointing to a higher open. dow futures up 110. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

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sandra: breaking news this morning i third the worst losses

of the year for u.s. stocks. u.s. absconded back in this morning sessions. dow futures up 100 points. u.s. stock index futures indicated a higher open this morning but a different story and euro. stocks opened sharply of low-grade cad. continued concerns as greece city says try to pull money from cash machines. the country just hours away from defaulting on a $1.8 billion payment to the imf. a live report from athens. the wild ride for investors in china continues after being down as much as 5% overnight. the shanghai index turning around and jumping 5% on a single trading day. amid great expectations, the streaming music service today getting a nice little to do in the premarket. good morning i'm sandra smith joined by lauren simonetti and nicole petallides. welcome to "fbn:am," your first look at today's markets. the latest breaking news and what to accept the day ahead.

time is running out for grace. the bailout program and name today and it is unlikely greece to make a loan payment to the international monetary fund. it is due at 6:00 p.m. eastern. ashley webster joins us from athens with the latest development including a last-ditch plan from the european commission. what are you learning? reporter: good morning, sandra. just move down another great thing close today. the atm and yes there's more along the lines here. people waiting in an orderly fashion so the most they can take out in a day. the chances of the imf payment being made right now closed $1.8 billion essentially zero and this is some last-ditch attempt to reach a deal with a new offer from the e.u. commission. so far always had back from the

greek greek government as greek government as it is they continued humiliation for grace so that does not sound very hopeful. they're also reports they may take legal action because they believed that blood what is being done to god is not legal under the e.u. constitution and they may try to block any potential expulsion from the euro. they should be provided more money for their banking system. there is talk perhaps that the ecb or the e.u. commission could indeed to get it to go to the courts whether that happens or not we have to wait and see. the rally last night was against those security measures. another rally for those in support of staying in the euro. the protests going on and so does the effort to get cash on a daily basis. sandra: is that it's got to be a site on the ground there. something we been talking about so long to see a blanket banks and atm machines.

people fear they won't have access to their money and 60 euros today. >> that's exactly right. the 60 euros comes out of the machine, but they are thrilled and they kind of format up like a winning lottery ticket. still some humid air. they are still a lot of worries as to what will happen next. sandra: ashley webster lycra muffins. we will see you later. the shanghai composite had a volatile session following yesterday's 3% decline. more than 5% for a gain of more than 5%. government measures appeared to finally win back investors confidence. it turned out to be a positive for the stock market at the end

of the day. beijing cut interest rates to a record low and let's get caught up in global market action as a whole. asian markets to the upside in today's trading session. and that more than 1% on the hang seng in singapore. in europe, stock market to the downside. obviously continued concerns the debt repayment to the imf as the deadline looms. still a lot of uncertainty and concern on the stock market. here at home following the u.s. stocks all year. we are bouncing back a little bit this morning. dow in negative for the year, indicating a higher open of 92-point. joining us now for reaction to the greek uncertainty is josh mahoney, market analyst at ing. he joins us live by phone from an egg. can you tell us this morning about what you see as far as trading at kennedy in europe as we await this deadline, the

looming deadline was certainly negative action in the european market. reporter: most definitely. when families most definitely got his uncertainty. the fact we saw a massive selloff initially and then we saw it move back to where it started off. a great deal of decision in the markets and a lot of people not knowing exactly which way to go in terms of the european markets we actually start to see bounds because of the rumor we are seeing tsipras possibly considering this deal over in the e.u. and i'll likely miss, we will come down to anyone's guess for their. it is a real period of crisis and this is likely to continue the selloff we see today. sandra: josh mahoney, thank you for weighing in today. when you talk about uncertainty, the volatility here at home. after nearly 35%.

this concentrated a lot on greece but the u.s. economy will be in focus today in the of the week. moran, whether we have coming up? lauren: new info on how we are feeling, or for buying homes and getting jobs. 9:00 a.m. eastern all-stars on the latest read on the housing market with the s&p index for april it is expected to rise 5.4% year-over-year. 9:45, chicago pmi june rate expected to rise 60.6. the red flag and that 10:00 the conference for the index for june expected to rise to 97.4. it would be a nice follow-up to last week's report which was the best since january. the most important report of the week comes thursday. the june jobs report expect it to show 230,000 jobs. they are expected to kick down

to five at 4%. sandra: you never know he'll translate as goodness or badness. the financial crisis in greece monitored by regulators in the u.s. nicole, you're watching that story. nicole: the foreign exchange markets are globally connected in the security and exchange commission said it is watching developments in greece. the sec paying particular attention to how the prices could affect markets and greek companies that trade right here in the u.s. companies with a tiara and the new york stock exchange new york stock exchange. national bank of greece down 45% this year. the maritime holdings and what is happening in greece can also delay the federal reserve plans to raise short-term interest rates. fed officials earlier this month expect to increase this year, keeping them near zero for almost seven years. it could be as early as september. the recent turmoil we have seen in greece, china, puerto rico

could delay the move if it ends up back in the economy off track. the dow is down 350. the ten-year bond with a big draw. we are connected certainly will watch and see if the dollar surges on whether or not they make these moves in september. now looking 35% likely versus 45% lead before the hike. sandra: the white house has no plans to offer a federal bailout to puerto rico. the governor of the u.s. territory once the island nation cannot pay $72 billion in debt. puerto rico asking washington to allow it to go through chapter nine bankruptcy like detroit date. the governor says sacrifice must be shared by bondholders. features a governor crist christy expected to jump in the 2016 race today. the 52-year-old republican said to make an announcement later on. the former federal prosecutor

has twice been elected governor in the heavily democratic state. 13 republicans have joined the gop presidential race. they will be following the unscripted announcement live at 11:00 a.m. eastern time today. deadline day for greece as they are hours away from defaulting on a nearly $2 billion payment to the imf after posting the loss of the year yesterday, the u.s. stock market has been on the rebound this morning. dow futures at 88 pointing to a higher open. and sports the u.s. soccer team faces the biggest test yet coming up against the number one team in the world. we will have the details. you are watching "fbn:am," and your first look at morning markets and breaking news. ♪

sandra: breaking news right now. we have a report coming out of afghanistan of an explosion near the u.s. embassy there. what we are learning so far according to the ap as a suicide bomber blew himself up targeting american forces convoy and kabul today. this took place on the airport road within 500 meters at the american embassy. according to local witnesses an american humvee was partially affect you by the blast. the ministry of interior reporting there were a note that's for casualties. this is reported in kabul specifically in the shopping district. in afghanistan explosion happening near the u.s. embassy there. no deaths or casualties but a suicide bomber blowing himself up targeting american forces in kabul. we will bring you all the latest breaking details out of it. turning now to sports, the

yankees had a late night on the coast. my travel is the start of the bad as well as the club last night. theses about the up at the l.a. angels ahead to stay. truck made a couple of runs saving catches in the outfield. the angels won florida one. a big night for the u.s. soccer team as well. team u.s.a. taking on germany in the semifinals. montréal, team u.s.a. advancing but the one to nothing win over china. germany got there with a win over france and phil mickelson reportedly was involved in the transfer of a nearly $3 million as part of an illegal gambling operation. according to espn's outside the lines, mickelson has not been charged with a crime and is not under investigation. we will be right back. stay with us. ♪

maria: all right.

you know about a leap year. there are concerns that. try major computer systems. atomic clocks need to be adjusted for the change to the change in location of the year. experts don't expect any significant consequences. let's bring in maria bartiromo as they get ready to hand it over. new york mayor rudy giuliani on the hour when i'm on with you. chris christie announcing his candidacy today. saying he would be the rudy giuliana this campaign. how do you think mayor will react? maria: i don't know, sandra. he's saying it may be roman catholic, italian, former federal prosecutor will not resonate with the cruise audience. i want to see how the mayor be asked about. sandra: chris christie 11:00 making his announcement. we will be carrying that live on spn. unscripted. maria: i love it.

see you in an hour. i maria bartiromo. happy tuesday. it is june 30th, and at the second, ended the first half. anastasia amoroso, nobody better to talk about the second half than her. brian knutson with us of "the wall street journal" and barron dagen mcdowell. first breaking news of the day. it is now a foregone collusion that greece will not make his payment to the international monetary fund. due at 6:00 p.m. today. the blame game has already begun. anti-bailout protesters on the ground accusing greek registers of blackmail calling for a novell referendum on sunday. european leaders warning read that a no vote means the end of the eurozone membership and a return to the drop of a current day. take a look as we approach the deadline and the realization that the imf payment is not happening. a stronger night in asia.

look at the bounce back with solid technique average as well as hang seng in hong kong and u.s. futures pointing to a bit of a bounce back today after the heavy selling yesterday. we will navigate the markets coming out. could puerto rico be america's version. the ireland territory with that of its own in the governor now says it cannot pay that money. the treasury department says the administration is not considering a bailout. >> did i stay on topic? on topic. next question. the >> i can go back and forth as much as you want. the mattel you something. after you graduate from wall street, but on the court on the courtroom and really still get thrown in jail,. trained to be ready to share more of that over the next 18 months. chris christie expected to announce his candidacy for the