the dow jones nasdaq and s & p 500 are all in the red this hour. as you can see dow jones and s & p down 1%. here in france, unemployment data for the month of june has been released. the figures indicate a slight improve. the total number of job seekers with no work at all has increased to 0.3%. they called for caution when interpreting the data. now britain is in search of reforms within the european union if it's to remain part of the block. both sides agree efforts by europes own nations could go in tandem with what the u.k. wants. prime minister david cameron is seeking assurances it won't decline as europe goes further. >> >> let's look at some of the other stories making headlines at this hour. they're the largest generic drug maker in the world and more players should combine to fit costs and improve efficiency. the company says the deal will help improve access to affordable drugs. the shopping streak continues for billionaire patrick. he'll complete a new venture to pick up a 49% stake in tv. the move comes following the failure to recover

we are still trading more volume on the dow jones and s&p 500 right now than we have over the last 100s on average. -- nasdaq is a little less it has some of the typeface docs. big blue, ibm is lower than it would be. at volumef you look on the new york stock exchange, you will see where the volume drops off heard we have a chart of it on the bloomberg terminal. this is for the last three days. today's volume flatlining after 11:30. matt: you can count as many as 16 under this other exchanges on the website -- a lot of people say there are 60 venues in the u.s. where you can trade equities. total volume is going to be much more, 12-13% of total volume. mark: are you surprised it's taken so long to find a solution? >> i am very surprised on one hand. i know a lot of the guys who run the new york stock exchange technology information systems. they were top-notch when i was working on the floor couple years ago. on the other hand, they are very public and systems. it's difficult to go through and reorganize everything. -- very, located systems. -- very complicated systems. ♪ this is a gre

the dow jones, s&p, and nasdaq each lost more than 1%. and jill wagner you were on the trading floor as the turmoil unfolded. did the technical glitch stop all of the stocks trading? >> well anne-marie no. the stocks continues to trade elsewhere. only 20% happens on the new york stock exchange these days. buying and selling quickly moved to other exchanges. there are some 60 venues competing with the new york stock exchange and this isn't the first time that u.s. markets have been hit by technical issues. in may of 2010 the dow plunged 600 points in five minutes. the flash crash was blamed on a computerized selling program and seconds later it caused problems and confusion when facebook wentear they required routine exchanges of systems. they're also to be notified of any hacking. anne-marie? >> thank you, jill. jill will be back later on with business headlines coming up on "moneywatch." >>> pro bowler. espn reports the new york giants player had his right index finger amputated. he had been hospitalized saturday with injuries to both ha

we are seeing the dow jones, the nasdaq, and the s&p 500 in a negative territory, with the nasdaq leading the way down 1.5%. investors are suggesting some comments coming to the federal reserve this session. the fed says it will need additional information before can start raising interest rates stateside. this is how european markets shut up shop. it came as greece made an official request for a third bailout package, and also promised to present a number of reforms as early as thursday. perhaps some optimism that the greek situation may be heading for some sort of resolution, and that may the part of the reason we can see european shares trading to the upside a little earlier. shares in british house builders and state agents also came under pressure on wednesday. investors believe that the british government's latest budget may undermine demand for luxury housing. the government aims to close a tax loophole where people who work in britain without claiming legal residence there lower their taxes. more details on the first all-tory budget since 1996. reporter: as the british finance min

the exchange said that the problem was internal and did not result in--it wasn't the result of any cyber breach. the news led to declines on the dow jones, s&p and tom, how much disruption did this temporary halt in trading cause? >> trading did resume, and we have to express that it only suspended on the trade floor. so the result was that a lot of this definitely was a disruption and a lot of trading that would have occurred on this day you could see the down turn of the actual volume, and the reason for why the market fell 1.5% was not necessarily the disruption of this technical glitch but rather the nervousness over the sell off in the chinese markets as well as minutes released by the federal reserve. that they intend to increase interest rates. they will not disclose what the nature of this technical glitch was, but people who are looking at it optimisticcally, the very fact that there are platforms by which people could trade was a positive factor because there was a backup. that was a backup that you could go elsewhere and now the they will keep a repeat of this from happening again. >> this has caused a great deal of concern. the

saw the ability to buy on the dip where the education from the economic data we saw took the dow jones and the s&p to the loads of opening in fear that the rate increase is going to come in september, if you will. that being said, that created the buying opportunity. there was a lot of money lined up for that. rick was talking earlier about the way the rates were moving on the short end of the yield curve. from the opportunity of trading in the marketplace, it was a great opportunity to scoop where people were selling and it probably wasn't in your best interest to sell today. >> you know, joe, tomorrow we're going to hear from exon and mini chevron is going to tell us a lot about how the oil majors are surviving today. are we worried about what we could hear from exon tomorrow morning? >> i think it could be interesting because it seems that the big oil companies are focussed on paying dividends. we are seeing lay offs in the oil patch and they swore they wouldn't do it and oil prices were going up. i'm not so sure this time oil stock prices and the stock market in general are linked as they ha

how jpmorgan and wells fargo will set the tone. ♪ alix: you are looking at a rally underway as we head into the closing bell, the dow jones up by triple digits and the s its 100 and 200 day moving average. s&p is aboutr the 15% lower versus the 10 day average. nevertheless, all the indices are higher on the year. thank stocks are in focus this week. jpmorgan and wells fargo kicking off another earnings season starting tomorrow morning. i'm more on we can expect, joined by an analyst from guggenheim securities with neutral ratings on both jpmorgan and wells fargo. i want to start with a bank you don't cover -- bank of new york mellon. we just heard david i ought the stock due to rising interest rates from the fed. how much is that priced into the -- bank stock?et actually there is probably more downside risk than upside risk to bank earnings year, even with rates going higher. does that mean bank stocks are anticipating a faster rate as anticipated? guest: i don't know if it's faster, it could simply be more. alix: why did bank stocks get so ahead of the game? it has been on the horizon for years. chairman yellen to be pretty clear in her expectation t

the suspension of trading on the new york stock exchange also led to declines on the s&p and dow jones. it has now reopened. the group that manages the exchange is citing technical difficulties and said it is not a cyber breach. >>> and the security council resolution which would have condemned the 1995 massacre during the bosnian war as a genocide. in other stories we're following it's been a year since israel began it's bombardment of gaza, a war that last the 50 days. more than 2,000 palestinians were killed, and more 10,000 wound: u.n. said 75% of the victims were civilians. among the israeli victims 56 soldiers and five civilians were killed. the u.n. said that 18,000 homes in gaza were destroyed and many more damaged. and it will cost $8 billion to rebuild, but so far not a single home has been replaced. >> he has not climbed these steps in nearly a year. it used to lead to what was once a large home that he shared with his extended family. he also loss much more than his house during the 50-day war. he also lost most of his family. these photos are all that he has left of his fa

and buy, if you plan on doing more purchasing. >> some red arrows across the board, the dow jones losing 3 points and the s&p 500 down about 1.5 pointsthank you. the head of the federal reserve says that interest rates could go up this year if the job market keeps improving. janet yellen made the announce many today. they said they would roll out the hike during their annual meeting. >>> facebook is working on a virtual assistant, it's called money penny, named after the assistant to james bond's boss, it will connect users to real people to help them make online purchases and booking services facebook did not set a launch date for the service it's still in the testing phase. >> it's hard to catch up there is a new app every day. maybe the helper could help you. >> it's time for the accuweather forecast. >> lets head on over to adam joseph. >> just don't download them like me my phone has two apps and that is about it. we are dealing with a couple of showers and that is about it. as we look at double scan live radar the end of harvey cedars to barnegat light it's slowly differenting from the northeast to the southwest and should clea

and microsoft. both those stocks were the worst performers on the blue chip dow index. encouraging results just were not enough. by the close the dow jones industrials were off. nasdaq declined 36 and the s&p 500 lost 5. >>> more on boeing results. it made one of the bright spots today, rising 1% on the day despite cutting its 2015 earnings forecast. still, we hear why investors were so encouraged by the results. >> on the wings of a strong performance by its commercial airplane division boeing's 2 q earnings were better than expected. it beats the street consensus by 25 cents a share with stronger than expected revenue. one big factor is the company's commercial plane business. boeing delivered a record 97 airplanes last december. 37 of them streamliners. meanwhile the operating cash flow was a very healthy $3.3 billion. boeing is in position to take advantage of future opportunities. >> i think if i look at big opportunities and risks, certainly going forward, our opportunity to execute on our commercial aircraft backlog and to do that profitably and returny cash to shareholders and fund our future innovation that is the single biggest opportunity we have. >> mullenberg admits boeing s

dow jones nudes wires, news corporation and 21st century fox. so you've got a wide audience here. let me quickly tell people dow jones industrials down 258 points. the nasdaq is also lower, and we've got the s&p down about one and two-thirds percent, lower by 34 points. i want to bring in a cybersecurity expert who specializes with the financial institutions. right off the bat i have to say everybody is saying this is not, not, not some type of hack or some type of nefarious behavior. so let's just say that's true. does it send a message then that we are vulnerable and right at this moment do we have the bad guys trying to find little cracks and ways in? >> all the time, liz, all the time. look, i'm not going to, i'm not here to challenge nyse's statement that this is not a cyber awe tack. you know, they are pretty san francisco candidated in the kinds of systems -- sophisticated in the systems they have in place, i'm pretty sure. but no less than jpmc was breached quite terribly not too long ago. then opn in the government, that incident occurred not too long ago as well. and the other reality also is that it takes on average about nine months for breaches to be discovered by enterprise co

and hopefully comes back very soon. recap that stocks are continuing to sell off but they're off their lows of the day. the s&p 500 is down about 1.1% and the dow jones industrial average down about 1% to what about the idea of not being up to get the prices in order to compute the value at the market close? michael: that will be a problem. the dow in most s&p industries are reliant on the data feeds. they would have to get guidance. i do not think of seen a situation where they have been able to print the closing prices for the bulk of the day. i would assume they would have to get guidance on how to handle that index pricing at the end of the day. you could end up with one price price on and another the return of exchange and not know which one to go off of. it does seem to me, as a little unexplored ground as to how that would happen. allnot sure we have gone the way to the close on a day like today without it reopening or without guidance on how that would happen, frankly. mark: i have to ask, what do you believe the says about the technology down at the new york stock exchange? draw anyi would not broad conclusions yet. i'm sure the n.y.c. has g

and limits remain on atm withdrawals withdrawals. the troubles in greece influence u.s. stocks. the dow jones closed down frick points. the s&p 500 and the nasdaq also ended the day down as well. >>> pope francis is in what tour as part of his thee country store of south america. crowds lined up waiting for the pope's motorcade. he led an open air mass in a park then greeted hundreds of thousands of spectators. later this week pope francis is scheduled to make stops in paraguay and bolivia as part of his 8-day tour. we're a little more than 80 days away from the pope's rival here in philadelphia. for more information on the pontiff's trip go to cbsphilly.com and click on papal visit. >>> we are now hearing from the parents of a 12-year-old boy seriously injured when a plane crash landed on a california beach on saturday. the parents of nicholas bear spoke tonight from the hospital. he was hit by that plane as he was walking back on at the beach from the water. he suffered a concussion, underwent emergency brain surgery but is now in good condition. >> it's interesting living in a community and feeling like you know some peo

. >>> about half an hour ahead of the close, the dow jones is up by 29 points. s&p 500 and knack also up. but just -- and nasdaq also up. but just by a fraction. >>> banks in greece are open. but the greek people still face restrictions. they are limited to a cash withdrawal daily of $65. they will be paying higher taxes. the greek parliament last week increased the 13% tax on some meats, cooking oil and other products up to 23%. that was one of the bailout conditions improsed by the creditors. >>> nine bay area counties have lower unemployment than the state average. according to the development department, california has a 6.2% jobless rates. it says the highest rate is in solano county. that's where it's 5.9. the lowest is 3.3% and we find that in san mateo county. >>> today's the latest deadline for the coliseum city proposal. last week, city and county leaders met with the developer, $4.2 billion plan has driven criticism. after officials respond today the developer has a few weeks to produce a final development plan. >>> interesting video. it's of a coyote in san fran

here we are off highs of the session but we have the dow jones industrial everything is up. dow, nasdaq, s&p the russell andow this about volume. the average volume per day lately for the one month is 3.4 billion. we're above that right now. so we're looking at pretty significant volume there are a lot of players in this market today. and to see this at the beginning of july is interesting thing because usually people they didn't sell and go away or swim in june but they're still involved. right now we have pretty significant swings and transport have turned around 96 points looking at buying at the moment whether that's short selling or squeezes, what have you, we have market players who were jumping in for the moment. now the second time in just 7 days, talk talks between iran ax major powers passed yet another deadline and extended talks three more days. new deadline set friday july 10*9 a u.s. spokeswoman saying that, quote, substantial progress has been made in every area. really? will three days finalize a deal and what then does that mean for u.s. and its relations in the middle east. congress must a

s&p 500 just fractionally higher. the dow jones is up and the nasdaq seen higher by 12 points. this follows yesterday's strong rally. the dow was up by more than 1% s&p up by more than 1%. the major averages snapping a five-day losing streak and closed near the highs of the session. actually we saw pretty heavy volumes. 4.1 billion shares were traded on the nyse versus 3.4 billion that you saw. today all eyes on the fed and whether the statement will give us any clues on when the fed will move ahead with its first rate hike but also one sector that did extremely well in yesterday's trading session is energy. saw that up by 3% yesterday because investors came back in and bought some of the beaten down commodity stocks. why? it's because oil prices bounced back quite tremendously in yesterday's trading session. we saw crude up by 1.2% the biggest gain in two weeks. let's show you what crude prices are doing right now. we are a little bit lower again so that gain didn't last very long. wti crude is back heading towards 47.76 up by half of 1% but spot gold is up by 2.25%. how are yo

and so did the stocks. at the close, the dow jones was 93 points higher. it had been down more than 200 points and the nasdaq rose five points and the s&p 500 gained 12 points. mary thompson is at the new york stock exchange with more. >> a remarkable tu 200 plus p reverses th11n market closed indicating heavy selling weighed on u.s. stocks in the early trading.e day and that he. the index falling below a key technical level during tht level, held by -- helped by broad based buying that was seen later in the day.a decidey def stance as they await news from greece on wednesday. start of the u.s. earnings season. that's when alcoa reports and any more signs to stem a slide in the stock market are working. the groups that led the markets higher in tuesday's session -- utilities and consumer staples. for "nightly busine" i'm mary exchange. >>> though oil losses may have pared the losses they still fell. gold prices also tumbled and l very wary of what's going on in greece and maybe even more in china. jackie deangelis reports. concerns about eurozone's y and market vola fleeing from energy and meta currencies weake on the back the turmoil, the is priced in. >>

dow jones industrials up a hundred and 27 points, s&p up 16, a good seven points higher. it to ashley and melissa as you guys get ready for another rocking's -- rocking earnings day. >> another busy our. facebook is the big one. ashley: we will be looking at that in just a few minutes. they are high. 18 percent and climbing. melissa: take a look at that fighting to get brady back on the field, blasting the nfl, calling the ruling to uphold his suspension unfathomable. joe theismann on if the patriots should drop in. ashley: scathing in that press conference. what is it like working in one of the most difficult markets in the world? million dollar listing san francisco. melissa: we can't forget the markets. stocks up triple digits. the fed holding pat on rate hike talk. triple digit gains for the tao, up 140 points. ashley: a very busy our. the closing bells are getting ready to sound. trish: charles payne as well, the hostf "making money with charles payne". what are you looking out with facebook? >> mobile mattered melissa. video advertising. facebook is really making ev

and the continued rebound in chinese stocks added to the positive tone. the dow jones industrial average rose 211 points to 17,760. the nasdaq gained 75 points and the s&p 500 added 25. for the week which saw trading stop at the nyse big gains and losses in china and greece comes face to face with bankruptcy the major averages finished just about where they started. should investors inspect much more turbulence next week? the outlook from the new york stock exchange. >> here in the u.s., the dow strirl industrial has moved high to low every day since tuesday. that's twice the usual volatility and china, forget about it. the main china etf in the u.s. moved down 20% earlier in the week then rallyied all the way back representing 300 of the largest stocks on the stock exchanges, like the dow moving down almost 4,000 points in almost two days then rallying all the way back crazy. it's been volatile in europe too, germany swung in the 6% range in the lows on wednesday when it looked like no deal in greece closed on friday in the highs for the month. now it's going to be another busy news week coming up. all the leaders of europe meet on sunday to give thu

and greece. let's start with the s&p 500 -- the broader market, nine of 10 sectors higher on this tuesday. the dow jones industrial average and the nasdaq composite also showing gains. we should mention gold is down atay, trading right now $1154 and $.20. down about .1%. nymex crude is on the rise, up point 5%. oil little changed after falling as much as 2.5% earlier. cool? isn't it you call up something and it appears right away. let's check on the bond markets. yields are coming down, partly aced on the retail sales numbers that came in. an unexpected fall from last that may be leading to some of the concerns about the fed and raising interest rates. are they doing it too soon? finally, in the currency markets, those retail sales numbers putting in a bid on the u.s. dollar, but you can see it is pre-much changed against the yen and weakening against the euro. what's get a look at the top stories this hour -- after two years of tough diplomacy, there is a deal on iran's nuclear program. negotiation is announced the is aimedy -- the deal at keeping iran from building a nuclear weapon. in return, the u.s

and send stalks higher. by the close the dow jones rose 217 points to finish at 17,977. nasdaq gained 73. the s&p 500 added 23 points. >> but despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the country's long material financial fate. and this deal came at a very high price, including tough conditions no one is sure is country can fulfill. a report from athens. >> reporter: greece is still in the eurozone but just barely. after an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. pension reform which will force greeks to retire later and contribute more to their retirement. higher sales taxes on many products. reforms to the labor market and product markets and a brand new requirement. greece must transfer ownership of $50 billion worth state assets to an independent fund. those assets will be sold over time to help recapitalize the banks and to pay back some of what greece owes to the rest of europe. the greek prime minister alexis tsipras will persuade that it is no longer

about a half-hour ahead of the close, the dow jones is up 88 points about half a persent. the s&p and nasdaq are up as well. >>> an italian luxury carmaker could soon be coming to san francisco. pagani wants to open a showroom on valencia. the showroom will be made for handmade cars that will sell for upwards of $1 million. some neighborhoods are against the idea with one business owner in the area saying the car dealer goes against the independent spirit of the neighborhood. >>> the special olympic torch made its way through oakland. it's on its way to los angeles later this month. >> the torch and special olympic athletes received a welcome at the kaiser permanente plaza. the police chief and other community leaders were there to greet them. the torch is set to run through several bay area cities including napa, concord and pleasant hill. special olympic games are held july 25th in l.a. >>> major league baseball's game is in jeopardy due to rain. when it does take place, zack greinke will start the game. the american league will counter with the houston astros, dallas, buster posey

and stocks around the world went lower. let's look at the boards on wall street. the s&p and nasdaq are down and the dow jones is down nearly .25%. of goal ofa check this hour. -- gold. it is trading up over .75%. crude oil is retreating. 5.75 percents down and trading at $53 and 64 since per barrel. market,n the treasury as you can imagine, there is quite a bit of buying in the bond market. the yield for the tenure has come down to 2.31%. a few weeks ago, we were around 2.5%. theeyes are on the euro in currency market. the dollar is also a bit weaker so there are lots of worries about the contagion from greece. let's look at the top stories -- namedeek government has the new finance minister. it comes one day ahead of an emergency meeting with creditors in brussels. economist was the lead bailout negotiator before the referendum was called. greece voted against recent creditor proposals required for bella cashin he replaces his predecessor who quit earlier today. he said his departure would help bailout negotiations reach an agreement. greases extending the bank holiday and capital controls through wednesday

dow jones off by a 31%. a boost in the -- off by a third of 1%. s&p and dow pretty much flat this point.er a big no vote coming out of greece, the euro resilient to get still holding about one dollar 10. aetna will buy humana for $35 billion. deck.r megadeal is on to have now been more than $50 billion in health-care mergers and acquisitions this year alone. i want to bring in zach and les. great to have you guys this morning. let's start with the regulatory hurdles. we hear about how much we will see a flurry of consolidation in the industry as a result of obamacare. the need to consolidate. what will the government say about the country's five biggest health insurance tying up. how confident are you these deals will pass? >> i was a the first one is more likely to be successful in the subsequent deals. when first --tna went first. people don't like their hmos to begin with and they are getting bigger and more powerful. you might see some pushback by think this deal goes through. i would be less confident about for thent deals because very reason this was competition. olivia: humana wil

the s&p 500 seen off by 4 points the dow jones seen off by roughly 10 and the nasdaq lower by 8.6 points. we're higher for the second straight session closed out the highs of the day, the dow and the s&p up by 0.7% each. we were pretty much unfazed by the fed. once again held by the rebounded in oil, energy stocks doing very, very well. i want to show you what's again on with european equity markets. we are modestly higher no huge gains. we've had so many earnings out this morning. by and large, they were better than expected. jpmorgan saying the proportion of companies beating earnings estimates is the highest since they started compiling that data since 2009. go figure. the xetra dax higher by 0.2% the ftse 100 also up by 0.3%. >> that means we're good at revising lower our expectation. we're getting in loan with the u.s. here. >> that's the usual game. we finally caught on to that didn't we? >> we did. >> let's take a look at the foreign exchange markets. the dollar bid at least off the back of the fed statement, very little language change. still expectation, improvement in the labor

. >>> now, when the closing bell rang yesterday the dow jones lost 261 points ending at 17,515. nasdaq has dropped 87 points and s and p lost 34 points. we will have a live report from wall street coming up in our next half an hour. >>> right now police are looking for a gunman after a deadly shooting in north philadelphia. the shooting happened around 8:30 on the 2900 block of north bailey street. police say that a 24 year-old man was shot multiple times and he was rush to the hospital where he was pronounced dead. police say a private surveillance camera reported part of the shooting and detective are reviewing it new to id the shooter. >>> search is also on for a suspect in the double shooting in frankford police say a 22-year old woman and 31 year old man were shot in the 4600 block of hedge street. investigators say that shooter armed with an assault rifle fired several shots in the victim's home. >> there were nine other people in the house, at the time and there were seven juveniles, and two other adults. so seven shots fired into that house, with a total of 11 people only two of them are shot. now that is

a little bit of a selloff in the major averages, particularly in the dow jones industrial on negative earnings reports. the s&p andalso going a little bit more deeply into the red. if you look at the imap on my terminal, the various sectors and what they're doing, we are seeing a lot of red. in particular, utilities and industrials are trading lower, energy stocks are the lone standout today. stocks,he telecom verizon is leading them lower. the company added more subscribers than estimated last quarter, however, it cut its sales forecast for the full year, saying it expects growth of only up to 3% in sales to the full year, and that is because of price competition with smaller rivals. rivals are also falling today, at&t and t-mobile lower along with verizon. as for the energy bright spot, we are seeing a lot of the underlying commodities and not just in energy, but in commodities in general, rising today. rebounding along with gold prices will stop consol energy up with oil, but also we should mention consol energy which is more of a natural gas and coal producer is rising after it said its biggest shareholder cal

and they'll likely head overseas. that's cording to our phil lebeau. >>> the dow jones industrials are up 61 points. the sup. but those are our lows of the day. much more on this, oil klein,china, and greece and everything in between when "power lunch" returns. your mom's got your back. your friends have your back. your dog's definitely got your back. but who's got your back when you need legal help? we do. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the right people on-hand to answer your questions backed by a trusted network of attorneys. so visit us today for legal help you can count on. legalzoom. legal help is here. >>> the fed minutes that came out of yesterday show that the federal reserve is worried about greece. but really how much of an impact is greece on the fed. let us bring in pimsteve and lindsey. we know the fed keeps telling us over and over again that it is "data dependent" on raising interest rates and if we need reminding, look at this. >> die -- deata dependent. depend on a wide range of data. >>

for the first six months of 2015 the dow jones industrial average fell about 1%. the nasdaq the biggest gainer up 5% and the s&p 500 flat. and today, the final trading session of the month, the second quarter and the half the dow rose 23 points to close at 17,619. nasdaq climbed 28 and s&p 500 gained 5. bob pisani has more on what worked and what stalled out in the first half of the year. >> the end of the first half of the year has proved to be a very mixed bag for investors. the s&p 500 is only 3% from its may historic high but that's a deceptive picture. there have been some winners but also a lot of losers. first, let's look at the winners. banks and health care groups banks have benefited from a rising interest rate environmt and hopes for improving economy while health care and pharmaceuticals has also been strong. but there are many factors that started the year strong and have become stalled in the second half. for example, housing and there's a affordability issue and prices are getting higher and wages are stagnant and higher mortgage rates have investors cautious. retail stocks have been all over t

dow jones industrial average closed at 1850. the nasdaq was off by nearly 6 points and the s&p 500 fell by 1 point. for more on those clashes in greece. anti-austerity protesters were throwing fire bombs and rocks at police in front of parliament where lawmakers debated tough economic american purchases must be improved. michelle caruso cabrera reports from athens. >> reporter: there were clashes in the streets of athens. molotov cocktail being thrown by protesters leading to dozens of explosions and fires in front of parliament. the protests inside parliament. members of the government were debating a controversial set of austerity american purchases would raise taxes, austerity measures. it will force changes in the greek economy and attack a lot of vested interests and different political clashes. we are still waiting for that vote to occur. the political analysts say there is little doubt the bill will pass. what does remain doubtful do the greeks have the ability to actually implement what they've promised to do? in athens michelle caruso cabrera. >>> china's economy, the world's second larges

dow jones industrial average fell 119 points. to 17,731. the nasdaq was off 25 points and the s&p 500 was down 12. the cautious mood also was reflected in commodities with oil prices slipping below $50 a barrel increasing inventories and concerns about iranian shipments, fueled concerns about swelling supplies. >> the fbi has a warning for american companies, be wear of chinese corporate espionage. the attacks are becoming more brave brazen and the targets more broad. the fbi is making a big push to alert companies of the dangers. what is the fbi doing? >> a big push in terms of publicity to warn american companies about this spike they're seeing in corporate espionage coming from china, they say they've seen about 53% more cases this year than they did in the previous 12 months. there are hundreds of cases out there now, of chinese corporate espionage. they gave us this video. take a look this is surveillance video provided by the fbi that shows two chinese executives there on the left-hand side of your screen. the chinese thought they were going to bribe this american executive for access to gla

dow jones up by more than 200 points. it's been positive all morning long. s&p 500 and nasdaq also doing well. >>> a new agreement between greece and the creditors is helping. and j crew is launching mercantile. it's set to be a value brand with the signature style. this comes after the brand sales fell 5% in the first quarter. the ceo of j. crew is the same man who created old navy as president of the gap in the '90s. >> the first shop opens in dallas this month. >>> comcast is preparing to launch a streaming video service as it faces more and more competition from netflix and hhu -- hulu. the new system will be available to comcast existing customers. us ears will be able to watch live tv from a dozen networks. the service launches in select cities by the end of the summer. it will be available to all customers by early nextier. another big milestone for a beloved florida manatee. snoody is about to turn 67 years old. the spla museum is holding a -- south florida museum is holding a big party. he will maic it into the guinness book of world records as the oldest manat

the dow jones gaining 14 points, the nasdaq up 9 and the s&p inched up about 2 points. >>> it's a promisebig cash with a schmuhl, but this flipping money -- smile, but this flipping money post on instagram is a scam. you could see someone holding money in your account with a disruption of how easy it is for you to -- description of how easy it is for you to get some if you send a text and make a small investment, but don't fall for it the national consumers league says. it's just another way to steal your money. you think you've been a have. of this scam, file a complaint at fraud.org. >>> the online websites of cvs, costco are still offline as part of a data breach. all the sites are owned by staples. cvs and rite aid say their customer credit card information is not processed by the same entity. >>> and self-driving cars are getting their own city. the university of michigan is opening its 32-acre simulated city for self-driving cars today. 60 companies are going to test out these cars in a real world environment. the city has angled intersections, a traffic circle, a bridge and a four-

at the close the dow jones industrial average fell 261 points to close at 17,515. the nasdaq fell 87 points and the s&p 500 was off 34. >> as sue just said, chinese stocks took another plunge today and it was dramatic. despite that country's regulators taking fresh steps to bolster the market. the shanghai composite fell another 6% overnight making that index's total decline over the past month about 30%. that translates into more than $550 billion worth of losses. and the recent plunge hasn't gone unnoticed by u.s. treasury secretary jack lu. >> the concerns that is a real one, what does it mean about long term growth in china. i think that that, i would break it into two pieces. how do china's policy makers respond to this and what does it mean by the core condition of the economy? i think the first is quite critical. >> in beijing a bubble bursting. >> reporter: we saw plenty of votes in the stock market. we went down to a brokerage amidst all this and the mood was fearful, panicked, emotions were running high. the focus was mainly on this mass trading halt that we had here and what the chinese me