i'm bill griffeth in for tyler mathisen. >> nice to have you with us. >> thank you. >> i'm sue herera. we begin with the labor market and a new report showing the companies added workers in may, a sign job growth is recovering from a rough winter. according to adp, the private sector creating 200,000 jobs, the most in four months. and while the number was pretty much in line with expectations, this report is considered a warm-up act, if you will to friday's big government jobs report. ors e watching closely for clues about where the federal reserve may start hiking interest rate. steve liesman has more. >> as the market braces for friday's big jobs report two economic data points today giving a mixed picture of the economy. adp showing 271,000 private se jobs created in may. below the friday job report. and jobs have slowed from the lofty levels this year but still remains at a strong clip. enough to bring down the unemployment rate. >> we were at 250, 300 k at start of the year and now we're at 200 to 250 k. which is still solid at 200 to 250 k, that is double the growth rate to abso

i'm bill griffeth in for tyler mathisen. and i'm sue herera. a major ruling from the supreme court. but we begin with greece where the clock is ticking. the country rejected a five-month extension of the bailout and with no deal yet, greece is one day closer to missing a key payment deadline. talk with creditors will continue this weekend but significt differences remain with next week's june 30th deadline fast approaching. the greek finance minister is holding out hope that an release much-needed funds can be reached as alexis tsipras calls for an urgent meeting with his cabinet. here is more from the heart of athens. >> friday night in central greec where we are in the heart of the capital city of greece. not gathering for a friday night out. they are gathering for yet another demonstration, this time sponsored by the communist party to protect against the creditors in this continuing battle to avoid a default. we thought we'd have a proposal that would work. a 15.5 billion euro extension from creditors including the imf and european commission but that was immediately turned down

thanks for joining us. >> i'm bill griffeth.ave a wonderful weekend, ♪ it's all right, it's okay ♪ ♪ doesn't really matter if you're old and gray ♪ ♪ it's all right, i say, it's okay ♪ ♪ listen to what i say ♪ ♪ it's all right, doing fine ♪ ♪ doesn't really matter if the sun don't shine ♪ ♪ it's all right, i say, it's okay ♪ ♪ we're getting to the end of the day ♪ ♪

a lot of demand for that labor. >> also for bill griffeth truck drivers. >> yeah. >> they need them in new york and cleveland, bill. >> that's very good to know. >> i could see you behind a big semi. >> me? are you -- absolutely. >> i always kind of wanted to do that. >> what is that route 90 interstate 90 that goes straight across there? >> that would be 80. >> 90's up to buffalo, right. >> the open road west towards cleveland. i would love to do that. >> window down country music on the radio station. >> breaker, breaker, steve. thanks so much. >> ten-four guys. >> steve liesman. >>> 50 minutes to go into the close here. >> no idea what that was about. >> the dow's up 87 points on the session, just below 18,100 today. it's up half of 1%. buoyed by jpmorgan among others. and look at the nasdaq. look at it going for its second record close in a week bill. the level to beat 5106 and change. we're just about four points shy of that level. >>> meanwhile, google spending tons of its cash on lobbying. but is there a better use of its money than to pay for lobbyists? we have a lobbyist who d

i'm bill griffeth in for tyler mathisen. and i'm sue herera. a major ruling from the supreme court. but we begin with greece where the clock is

i'm bill griffeth in for tyler mathisen. and i'm sue herera. a major ruling from the supreme court.ece where the clock is

i'm bill griffeth in for tyler mathisen. >> nice to have you with us. >>

i'm bill griffeth in for tyler mathisen. >> nice to have you with us. >>

. >> and i'm bill griffeth. right now the dow has come back from what turned out to be something of a climactic 200-point selloff on the open this morning on these concerns over greece that have been weighing on stocks for the last 24 hours. >> and alibaba looks to start it's own streaming. >> and we'll bring you jeb bush's comments as soon as they given sfp. >> and we'll tell you what companies are looking to buy and what it means for the sector. >> clearly on a day when everything else down kelly, something is afoot. you've been writing about that in your blog the spark, on cnbc.com. >> i like that. everybody but tune in to you tonight. >> busy hour to get to. let's introduce those who will be on our "closing bell" exchange panel. chief economist anthony chan jeff killberg from kkm financial with his blackhawks jersey i can see. >> absolutely. >> and rick santelli is with us as well. let's get to our chief international correspondent michelle michelle caruso-cabrera. >> the greeks may be confronted with a a ta

. >> i'm bill griffeth. facebook has been popping after the company unveiled new interactive advertisements. we'll have details on that. whether it will make it even more profitable. up 3.25% today. >> nasdaq hovering around new highs. russell 2,000 in record territory. >> a biotech stock up more than 100% in the past year. there have been a few, right? >> this one has done better than the rest. >> we'll talk with the ceo biomarin and talk about the next catalyst for his company. >> which are still seeing gains. we are off the highs of the session. we opened up nicely. hanging in there in positive territory with the dow up 24 points. s&p 500 pretty flat. nasdaq, as well. flat but we are hovering near record highs. strength in financials today. outperforming. pob pisanimiss an bob pisani tracking morgan stanley. >> the market maker trading all the bank stocks. morgan stanley, new high. wells fargo, new high. suntrust new high. key corp. comerica, fifth third. let me show you this full screen. big cap banks up

. >> and i'm bill griffeth here at cnbc headquarters.doing a nightly business report tonight on pbs. and yes, i am. by the way, a busy market day, kelly. we had the adp jobs number was encouraging, a decent number. mortgage applications were disappointing. the beige book was a bit encouraging as well and stocks and bonds have responded, haven't they? >> bonds especially. and we'll get to all of that in just a moment. >> meanwhile facebook shares popping today. the social net

i'm bill griffeth. it started with the european markets. the stock markets over there closed with a bang today. on optimism over a potential deal in greece. the ft-se, the cac, the dax. the dax was up 420 points. how our own markets could finish up in this last hour of trading. well off the highs of the day. we'll take you live to athens for the latest developments. >> the on the optimism is in the markets. gopro getting hit after a short seller goes after one of its key suppliers. whether momentum is gone from these two names which had both tremendous runs. >> one trader is getting short united airlines. >>> let's start with the latest out of greece. michelle cruisa cabrera is live in athens tonight. >> rally driven by the mere fact that the greek government submitted a new proposal hoping to get bailout money and this new proposal wasn't laughed out of the room. it was that simple. big meeting amongst the finance ministers today. they came out and held a news conference. dijsselboem said it's a good starting point. it's a robust proposal.

. >> i'm bill griffeth. there goes peter tuckman. you're welcome. this is the final hour of trading the first half of the year. the s&p is in positive territory year-to-date. the dow is negative. that could also change. we'll tell you how to position your portfolio. >> jetblue is going to start charging for your first bag as early as today. why these fees are crucial to carriers. >> mergers and acquisitions hitting $1 trillion in the u.s. already. we will break down what's fueling all these deals and where we could see more takeovers coming up. >> julian robertson is fired up. his thoughts on apple and the apple watch. >> is he wearing one or not? >> he is not. he said he has one. he just needs help from his grandkids. >> looking forward to julian's comments. we have reporters on the scene though. >> michelle caruso cabrera live in athens and kate kelly in san juan puerto rico. michelle, what is the latest in greece? a lot of activity today. >> yes. it's groundhog day. this morning we woke up talks perhaps, last-ditch offer, last-minute deal stock m

. >> i'm bill griffeth up here at cnbc headquarters. i'll be on nightly business report. a fed-fueled rally in the market today. janet yellen does not speak until tomorrow at this time as a matter of fact. we'll break down what's behind this news. >> today looks like the mirror image of what we saw in markets yesterday. we are also watching matchmaking in the managed care space. takeover talks causing volatility in shares of big health insurers. could one be left without a suitor? >> it's like musical chairs. four chairs, five players, one will be left out unless you get a three-way deal. i don't know. >> can't rule anything out in these markets. >> goldman sachs looking to enter the consumer loan business. is this the beginning of a strategic shift for that long-time financial giant? we've got a top wall street analyst to give us his take. >> look out ups and fedex. amazon is working on a new way to deliver packages. i love what is unique about this. >> they are becoming nuanced in the packaging part of the delivery system for online shopping. it's fascinating to watch t

. >> i'm bill griffeth. this is the last hour of trading. we will all look carefully to see whether stocks can come back from what has been an ugly sell-off today. greece moving closer to default. shaking the global markets. the dow now negative for the year. >> china soling off gone last night despite an interest rate cut prior to the market open. john mulleden will tell us yes is bullish on chinese stocks. >> then there are new problems for puerto rico. the governor saying the island is near a death spiral. i thought that was obamacare. >> a lot to get to in this final hour of trade. we start with the crisis in greece. our chief international correspondent michelle caruso-cabrera live in athens where a vote no demonstration is under way right now. >> right. vote no to the referendum that will occur this sunday in athens. a surprise referendum announced over the weekend by the country's prime minister alexis tsipras. we heard chants throughout the evening that's greek for no. tomorrow is the yes rally. regardless, before we know the answer

. >> i'm bill griffeth. boy, this has turned out to be a big day for markets. how we stand with the major averages. the dow down almost a full percent right now. a decline of 164 points. the s&p is down 16 almost 17 points. nasdaq down .81%. the yield on the 10-year has actually come back a bit. it was up in the 32.36

i'm bill griffeth. it started with the european markets.ed with a bang today. on optimism over a potential deal in greece. the ft-se, the cac, the dax. the dax

. >> i'm bill griffeth. here is what's happening on wall street. the dow near the lows of the session down 90 points. this is an expiration day. four types of securities will be expiring today. that's why they call it the quadruple witching day. >> greece getting more emergency funding from the european central bank. russia could be giving the country a longer term lifeline. >> mcdonald's making a bet more mcmuffins could save the struggling fast food giant. someone says mcdonald's has a bigger problem to worry about. >> china stock market having its worse week since the financial crisis. is it time to buy the dip or take the money and run? that's also ahead. right now with an hour left to go. after that dismal performance in china overnight, some pressure in the u.s. concerns about greece. dow is down 91 points. s&p down 0.5%. nasdaq which made a record run this week, giving up about 16 points. 5116. >> let's start with big movers to the up side. a number of initial public offerings heating up today's market action. bob pisani has been watching th

. >> i'm bill griffeth. major news in health care. supreme court upholding obamacare federal subsidies this morning and breaking just over an hour ago, whether it's related or not, aetna is reportedly now closing in on a deal to acquire humana. we'll tell you what this means for the rest of the insurance space. >> huge moves in hospital stocks soaring. hca up almost 8.5%. bond guru scott minard will join us. >>> you see new signs opec is becoming less and less relevant. its market share hitting a ten-year low. what impact this could have on crude prices which are down roughly 1%. >> the cfo raising the minimum wage for its employees and having so much success, he is going to do it again. who that is coming up. >> let's get to the top story of the day. we start with moves in health care space. bertha coombs has this back story at cnbc headquarters. finally getting talk of a possible deal now. >> we are. almost a week after we started talking about this. today's supreme court decision eliminates lingering uncertainty in the health care

. >> i'm bill griffeth. major news in health care.care federal subsidies this morning and breaking just over an hour ago, whether it's related or not, aetna is reportedly now closing in on a deal to acquire humana. we'll tell you what this means for the rest of the insurance space. >> huge moves in

. >> i'm bill griffeth. here is what's happening on wall street.an expiration day. four types of securities will be expiring today. that's why they call it the quadruple witching day. >> greece getting more emergency funding from the european central bank. russia could be giving the country a longer term lifeline. >> mcdonald's making a bet more mcmuffins could save the struggling fast food giant. someone says mcdonald's has a bigger problem to worry about. >> china stock market having its worse week since the financial crisis. is it time to buy the dip or take the money and run? that's also ahead. right now with an hour left to

. >> i'm bill griffeth. there goes peter tuckman. you're welcome. the first half of the year. the s&p is in positive territory year-to-date. the dow is negative. that could also change.

. >> i'm bill griffeth. this is the last hour of trading.fully to see whether stocks can come back from what has been an ugly sell-off today. greece moving closer to default. shaking the global markets. the dow now negative for the year.

. >> i'm bill griffeth. company unveiled new interactive advertisements. we'll have details on that. whether it will make it even more profitable. up 3.25% today. >> nasdaq hovering around new highs. russell 2,000 in record territory.

. >> and i'm bill griffeth.t to be something of a climactic 200-point selloff on the open this morning on these concerns over greece that have been weighing on stocks

. >> i'm bill griffeth. boy, this has turned out to be a big day for markets. let's just show you right now how we stand with the major averages. the dow down almost a full percent right now. a decline of 164 points. the s&p is down 16 almost 17 points. nasdaq down .81%. the yield on the 10-year has actually come back a bit. it was up in the 32.36 2.37 range. it is back down to 2.3% right now. >> everybody's talking about the sell-off in bonds that's pushing yields higher. this comes as the imf today said the fed should wait until 2016 to raise rates. we'll break it all down coming up. >> that came from christine lagarde earlier today who we know is very close to janet yellen these days so you know that she's got janet yellen's ear. will be interesting to see what janet yellen's response is to that. >>> oil also taking center stage today. and a hit ahead of tomorrow's opec meeting. does this decline of 2.7% on the close mean that they are betting that opec will not cut production tomorrow. that seems to be the consensus but you never know with opec and their me

. >> i'm bill griffeth up here at cnbc headquarters. i'll be on nightly business report.ot speak until tomorrow at this time as a matter of fact. we'll break down what's behind this news. >> today looks like the mirror image of what we saw in markets yesterday. we are also watching matchmaking in the managed care