julie: a lot of these outperform the s&p. : presumably these employees who are so happy have shares and that is why they have vested interest. companies likee airbnb, which is in public, which is on the list. you probably get equity if you work there. if your ceo's good, you probably gave him a good rating. pimm: you mentioned airbnb, which is not a publicly traded company. is there any met to the size of a company that can percent -- participate in the survey? julie: you can look at it on glassdoor's website. olivia: what surprised you most on the rankings? julie: i was surprised that the yahoo! ceo was not on there. i have friends who work there and they are allowed to work from home quite a bit. olivia: i thought marissa mayer was taking that away. she was taking away, but all my friends are able to work at home quite a bit. i'm not sure how strict they are. pimm: what about newcomers on the list? i know the new chevron ceo's on the list. julie: energy hasn't done that well, but employees to like him and think he is doing a

the s&p off by 39. ore coming up after the break. ♪ alix: welcome back to "bloomberg market day." i am alix steel. i want toe you on -- update you on greek prime minister alexis tsipras. you speaking in an interview. dca live shot of his interview saying the greeks -- you see the live shot of his interview saying the greeks will survive without the program. he telling greece they will survive without the program and putting the ball back into the creditors' court saying a grexit will not be an option. it will be too expensive, that the greek government was given an ultimatum. putting the blame back into creditors' hands saying a grexit would be too costly for the eurozone. that is having an impact on the markets. we are around the lows of the session 15 minutes before the closing bell. day wheres comes on a we have not seen a 1% correction in stocks for about nine weeks. this is an impressive downturn. is theit is the --julie: biggest acclaim we have seen for stocks. he is showing nerdiness saying bring

with the dow ultimately advancing 23 points s&p rising 2.37%. we had cross-currents galore as the interplay with europe continued, we had the greeks behaving badly, germans behaving badly and saw things happen that were quite positive. which allowed bunch of stocks to go higher on a day when they might have otherwise stalled. let's dispense with greece, although only figuratively. there's and old truism about money coming into play with this endless production if greece owe the european union a couple of billion euros, greece has a problem. but if greece owes the european union $300 billion euros, then european union has got a problem. that seemed to dawn on the germans today which got people excited there might be a deal to be had. there was some make-nice talk put out by key german officials. i'm putting the odds at 50/50 that we get some deal some day. because the germans are starting to to figure out even if the greece were to elect thomas jefferson as president, they still wouldn't have enough money to pay back what's owed. the longer the ta

we want to puzzle out where the s&p 500 and the index might be headed.ast time we checked in with her was at the end of march. she told us she was throwing down a yellow flag, and we needed to get cautious about the market, as remitted by the s&p 500, which she had been very bullish on until then. i want you to take a look at this long-term monthly chart. when we last spoke with her, she said the market's long-running rally could be running out of steam. at least for the moment. the s&p 500 had already breached the pretty darn bullish upside targets she gave us over a year ago. a powerful ceiling of resistance. that last update was a little over two months ago. and guess what. since then the s&p 500 has indeed rallied into a brick wall. boroden told us the s&p 500 faced a concrete ceiling of resistance at 2138 and even though we rallied, we just couldn't cover those last four points needed to breakthrough the ceiling, just as she predicted. boroden told us almost exactly where the s&p 500 would peak at least in the near term and she was dead-right. so of

it's the s&p 500. that's the orange line. and it's plotted with the number of times that the word greece is found in headline news stories. think of this as a sentiment indicator. the higher the reading the more times greece is in the news it's in focus the bigger of a concern it is. and a couple points to make of this chart. one you go back to early 2010 some of the highest readings of this indicator. also late 2011 into 2012. that's when greece was most in focus. if we looked at how the s&p 500 performed, there was indeed some volatility but i'm very encouraged by the fact the s&p 500 was able to rally through those concerns in each of those instances of course, that long-term uptrend continued. now, point two, if you look at the more recent data we can see much lower levels. greece is less in focus. it's less of a factor. we think it's indicating that it's more priced into the market market. overall there's problems with the market. we don't think greece is one. if you want to use this as a signal days when the market's do

this is a multiyear chart of the s&p 500. as you can see, since s&p downgraded the u.s. back in 2011, not only are we up over 1,000 s&p points, good timing there, but we've only tested that 200-day on three occasions. in 2012 you dipped once, you ripped, 14%, and you dipped again, only to rip 48%. that brings us to where we are today. up another 14%. so three big rallies after the dip below. i think history's going to repeat itself. now, when we zoom in you see the shorter-term chart. you alluded to the 2053 level. that's the purple line. that's the 200-day. i think we're going to get a situation very similar to october where we've got to false break. a short sharp break which ultimately proved to be the washout low. set the stage for the rally that we're in right now. you want to be a buyer but you can be a little patient as you take that stock in. i think we could see a situation, boom, just like that, provides that opportunity on the buy side. so there's reason for optimism. use that 200-day. set a motion aside and take advantage of the fear that's out there right now.

the s&p up eight. the real story of the day is what happened in the second quarter. both finishing lower. the s&p snapping nine consecutive quarterly gains to end lower, and the dow falling for a second quarter, which has not happened since 2009. a different story than the nasdaq, which was higher for a tenth consecutive quarter. joe: the question is, what did you miss? alix: we are halfway through the trading year, so we will check in on the s&p 500 200-day moving average. i love these levels. i can't wait. joe: i'm excited about

and eventually the 90's. fternoon we begin with isolated storms and the best chances west of washington. tomorrow it will be 85 by noon and here is the next seven days. 91 tomorrow and then it is tuesday that has the attention 96 degrees in the afternoon, a scorcher. we will slightly cool off towards wednesday and thursday. gentle showers back into the forecast next weekend. -- a chance of showers back into the forecast next weekend. >> a good day. like the song. kellye: thank you for that. >> that is the too hot for handle. especially at the light. history was made at the u.s. open. today was a good day. >> and now the toyota sports desk. >> jordan spieth continues to make history by taking the u.s. open. shot of the day comes from loi uie. the lens on the green and it would role in for a birdie. he had a great back nine. he finished in second at four under. 16th hole, jordan spieth. tied for the lead at five under.rdie attempt falls in. greasewood double bogey. -- greece would double bogey. on the 18th speed

additionally, hirsch said, a check of the c.i.a.'s domestic files ordered by former director james schlesinger showed dozens of others illegal activities inside the united states dating back to the 1950's. thus, the hirsch revelations went far beyond watergate. and on the one hand, you can argue that watergate made establishment of the church committee less likely. as catherine olmsted stresses many reporters in december 1974 who were still reeling from their role in bringing down nixon ran away from hirsch's story. they worried about altogether eradicating trust in government. and igniting a backlash against the media. many disliked hirsch. and remained gripped by the old national security mistake that traditionally led the press and congress to shield the c.i.a. consequently, hirsch's resolved to carry the watergate mentality into the post-watergate era discomfited other reporters. and after the watergate trauma americans were burned out on politics. indeed, in many ways, it is unsettling how little contemporary public anger the chu

for -- of a a climb the s&p 500. rtainly, futures had indicated things might be a lot worse over the weekend. olivia: i checked the bloomberg terminal last night about 8:00 p.m. and it looked like the dow at theng to be down 1.5 open. it's not as bad as was expected. the losses for european equities. the euro stoxx 50 down 3.5%. the frankfurt down about 3% as well. and the cac and the paris office well. off as well. i do want to show you what is happening to the euro. you might be surprised is not moving more. we will see a bigger move in the euro-dollar when we get jobs report on thursday. scarlet: that speaks to how the ecb is the driver and how it differentiates from what the fed is doing. on the top take headlines. the supreme court is wrapping up his term today with several key rulings. justice supported efforts to make federal elections more competitive as they upheld in a result of state law that gives an independent commission power to draw congressional districts. and they also ruled on whether state continue

reasons is the s&p 500. 20 year chart of this, the pride of the s&p -- price of the s&p is that line. a forward basis for the s&p 500. you do not tend to see a big decline in stocks until the number gets 223 or so. he says at least by that measure, it is not alarming enough yet to create a bubble. he is looking at a number of different factors, and that was one of them caught my eye. investors have not been as invested as they had been. a lot of juicy details in that note. thank you. a look at top stories making headlines. actor christopher lee had died. best known for his role as counteract a earlier in his career. he was later the lord of the rings trilogy and appeared in a star wars attack of the clones, 93 years old. spreading the news, new jersey town from across the river from the city that never sleeps lost its frank sinatra centennial celebration. hoboken,was born in 1915. he was 82 when he died act 1998. homer and marge simpson have been happily married for close to 30 years in primetime television.

we have changes to the s&p 500. of june 30th at the close of trading, a drug company and a spin-off of baxter international will be replacing qep researchers, oil and gas production and exploration company in the s&p 500. baxter international will also remain in the s&p 500 and begsalta ink not trading it will trade once these changes take place at the close of trade on june 30th. back to you. >> thank you for bringing us that. >>> twitter today announces it's testing new pages for products. other steps make it easier to buy stuff. cnbc's julia boorstin is live whip a look at twitter the latest move and the social selling trend. julia? >> that's right. another piece of twitter's product overhaul plan today. the company announcing pages for products and places gathering tweets, photos, videos, product information and the option to buy a product or book a trip. twitter also announcing its inviting over 40 twitter influencers from the disney store to stylist rachel sew to share collections of products and places with t

the s&p up eight. the real story of the day is what happened in the second quarter. dow and s&p both finishing lower. the s&p snapping nine consecutive quarterly gains to end lower, and the dow falling for a second quarter, which has not happened since 2009. a different story than the nasdaq, which was higher for a tenth consecutive quarter. joe: the question is, what did you miss? alix: we are halfway through the trading year, so we will check in on the s&p 500 200-day moving average. i love these levels. i can't wait. joe: i'm excited about greece. alix: greece, greece, and more greece. joe: i want an all-greece show. alix: there might be a bright spot in biotech. we will talk to the ceo of biomarin. the health-care sector really blew it out of the water. first, the markets. dow up 20 points on the day. s&p up five. joe, take a look at the broader context here. intraday, a little bit of greece, a little bit of china. we closed off the highs of the session, and at 2:00 p.m. we got word from fed vice chair stanley fischer that the u.s. economy is close to full employm

you got this. >>> i'm kate rogers with some changes to the s&p 500. now, as of june 30th at the close of trading baxalt aechlt is going to be replacing qep resources inc. which is an oil and gas production and exploration company in the s&p 500. baxter international will also remain in the s&p 500 and baxalta inc. is not yet trading. it will begin trading once these changes take place once again at the close of trade june 30th. sarah, back over to you. >> thank you for bringing us that. kate rogers at headquarters. twitter today announcing it's testing new pages for products. another step to make it easier to buy stuff. julia boorstin is live in los angeles with a look at twitter's latest move and the social selling trend. julia? >> that's right. we got another piece of twitter's product overhaul plan today. sarah, the company announcing pages for products and places gathering tweets, videos, product information and the option to buy a product or book a trip. twitter also announcing it's inviting over 40 twitter influencers from the disney store 20 sie

a couple days in the 90's. ull back into the 80's for the middle of the week with dry conditions. by the end of the week upper 70's to around 80's with showers friday and sunday. kind of a slick week ahead. >> just an introduction to summer then a break and we get right back to it. >> you got it. >> thanks, justin. lesley has got sports highlights. >> keeping track and the last time the phillies starter won a game was way back on may 23rd. that was 25 games ago. phillies starter adam morgan was making his major league debut and due to injuries he had not won a professional game since august of 2013. why not today. his whole family on hand for their son's first start in the majors. what a father's day present to get a win but the phillies need a little offense. they get all they needed in the second inning. cody asche with a double to right, dom brown scores that makes it one-nothing. caesar hernandez single to right camrin rough and freddy galvis score on this one. phillies with more in the second than they did

she was also quite an accomplished aviator throughout the 1930's. she was the first woman to fly around south america. she flew around the perimeter of the continent of south america which was sort of a big deal back then. it was pretty wild, undiscovered country for the most part. she set down in some rather interesting places, had a pistol with her the entire time. even before floyd bennett field was opened in 1931, america, of course, had women aviators. harriet quimby was america's first woman pilot. here she is with -- here are the first two female american pilots . mathilde moisant and harriet quimby. she was an accomplished pilot, but she was treated more as a novelty. she actually died sort of tragically when she was booked out of her airplane. as you can see, that's her aircraft. there was not all that much thought given to safety. anytime you got in a plane especially in the early years of aviation, it was a pretty dangerous undertaking. yeah, mm-hmm. if you want to see an actual blario, there's one of the cradle of aviation. you will be am

in the 1960's, there was a reaction to all of this. this new use of the flag, whether it be on the shot glasses and beach towels or in klan rallies. the reaction was not only from african-americans who in the 1940's began speaking out of it, seeing it as a symbol not of racism but disloyalty. there were worries about symbols a racism came in the 1960's. the people who spoke out more loudly was the confederate heritage groups who realized what this mean. they had more or less owned the symbol and its meanings before world war ii what they believed it meant is what it meant more or less. with the proliferation of the flag they lost control it and lost control of the meaning and they were aware of that and tried to reverse it. four states passed laws in the 1950's and early 1960's punishing desecration of the flag. virginia passed a resolution in 1970. this proved impossible to reverse that trend. i devote a whole chap tier to this. we hear today nobody stood up and complained about the use of the flag by the klan or on swim wear. they did

by the 30's and 40's, they started to close -- by the 1950's, almost all of them are gone. we have one remaining. it is a block from here. >> the metro? >> sure. from downtown chicago to south bend. as i looked at the demise of the railroads had on cities, it was evident that world war ii provided false signals to investors that the railroad era was going to last indefinitely. this shows the crowds of world war ii. dearborn station, shortly after the war. union station, the trains were packed, the railroad was indispensable during the war. traffic at all time. it was clear if you look at the trend that the system was ready to crumble, particularly liked ghtly use of lines. cities and investors were misled. you have union station. we lost the beautiful concourse, which is shown in the picture on the right. torn down in the 1960's. it is one of our great lastost landmarks. dearborn station is no longer used, but was used in the war. after world war ii, people knew change was in the air. railroad companies had to place bets. do we modernize? bring on modern streamlined passenge

this is the percentage movement the s&p 500 by years, the range in the s&p from top to bottom. reached a high of 48%, so an incredibly volatile year, and this year, it is 6.5%, and we're's the same thing among the individual stocks. years, the range in the s&p from top to bottom. in 2008, it reached a highand wn individual stocks, and this year in the s&p, it is 17 point percent on average, so not being a lot of range, a very tight range, and it is also reflected in the volume we have seen over the past several years. here is the volume on the s&p 500 reciprocally, and there is a trend line to show you that we have, indeed, trends lower. 20 14, continuing into this year, but just again to show the sort of lack of participation in the market, as quantitative easing has gotten more and more mature, there has interest ind less people as actively trading, and particularly this year, because we do not know when the head is going to raise the rate, so we're seeing people holding back. all right, when you do not know what will happen, or of going to cash. thank you, julie hyman. in the

bob hutton: in the 1890's, the death penalty had been around for a long time in human history. it is right around that more americans are starting to wonder if this is how justice should be carried out. as early as the 1700's, you do see people in europe and the united states begin to question whether the death penalty is moral or just. nevertheless, it remains very popular in the united states up until the present. as early as the 1880's, many european countries are doing away with the death penalty around 1900. it is one of the biggest controversies in the western world as to whether or not this is a viable form of justice. i think the 1890's, the end of the 19th century, americans found themselves in the middle of that question. >> is that the period your research deals with, the late 19th century? bob hutton: it sure is. it is a particularly violent time in american history. >> why did you choose that? bob hutton: because of the disorder. the civil war remains a popular subject for historians and the public. i have tried to get people thinking about what happened after the

donald: you have to think about what it was in the 1940's. -- the 1960's. you have the conservative wing of the liberal party and the same thing on the democratic side. in order to get anything done, they had to work out a compromise. the issues of how much you spend is always the central issue in politics. that is what congress does. one party is always going to accuse the other of spending too much money or spending it on the wrong things. brian: here is another historical figure, hughie long governor and senator from louisiana, talking about the same thing. >> he had two bottles of medicine and he played his banjo. one of those bottles of medicine was called [indiscernible] another one was called [indiscernible], some one asked him, both are good, how are they different? one is made from the bark of the tree that we pick from the top down. the other is made from the bark that we take from the root up. the only difference i have found between the democratic leadership and the republican leadership was that one of them with skinning from the ankle up and th

we'll go to the mid 90's on tuesday. dnesday thursday, a little bit more comfortable. by the end of the week upper 70's with a chance for >> all right, lesley phillies looking good. >> they did something they haven't done in a little while. the last phillies starter won a game was on may 23rd. today they sent a rookie to the mound who had not won since 2013. adam morgan making his major league debut. he pitched like an ace today. he allowed one run and six hits in five and two-thirds. struck out six. phillies win nine to two. >>> jordan spieth half way to a grand slam. he's the u.s. open winner. this tournament will be remembered for what dustin johnson does. next major the british open at saint andrews. >> joel embiid is going to be final i. >> i respectfully disagree. >> coming up tonight in the buick sports zone we have a sixers draft special for you. we'll get you ready for the nba draft with keith from the philadelphia inquirer. tom moore and sean brace from the philadelphia influencer. they >> a cool treat for dads

it sold very well in the 1960's. he was talking at a time when the society had created a bunch of new programs like medicare. at the same time, the war in vietnam was going on. deficits were rising. dirksen makes this argument which sounds very contemporary. you could make the same argument today. brian: what would a democrat say about his answer? donald: you have to think about what it was in the 1940's. you have the conservative wing of the liberal party and the same thing on the democratic side. in order to get anything done, they had to work out a compromise. the issues of how much you spend is always the central issue in politics. that is what congress does. one party is always going to accuse the other of spending too much money or spending it on the wrong things. brian: here is another historical figure, he we long -- hughie long, talking about the same thing. >> he had two bottles of medicine and he played his banjo. one of those bottles of medicine was called [indiscernible] both medicines are good. what is t

the s&p is probably not far and -- far behind as well as the doubt.t about transportation, though? michael: that has been a troubled child, but if you put it in these terms, it's bullish. it's not a glaringly strong signal their, but if you put them in context, these things have outperformed the s&p and the broader indices for so long that some sort of meaner version on those ratios is to be asked acted. -- to be expected. alix: good stuff. thank you so much. you are staying with me through the close. stocks are headed into the green into the close. and if you are wondering what will cause the market correction , two things. find out what they are. ♪ alix: we are moments away from the closing bell. this is the bloomberg market day . i'm alix steel. ♪ [closing bell] alix: you are looking at stocks holding onto a rally off the highs of it the day. is off by 105 points and the dow is not alone. the nasdaq closing at another record high. you've got the russell 2000 closing at another record high. and the s&p, nine of the 10 withrs finishing higher growth

temperatures in the middle 70's. highs in the upper 80's with storms in the late afternoon. a site risk for a strong storm. >> and irs watchdog investigation is missing some e-mails. a lot of them. according to written testimony it will be delivered tomorrow. as many as 24,000 e-mails may be missing. she is the center of the investigation on tea party members. meanwhile, a d.c. homicide attack of killed by a drunk driver. his family says they finally have justice. the driver was sentenced to three years after a chase that spanned the globe. what the family members are saying about it. >> so many people love my dad. >> joseph o'brien served in the marines before spending more than two decades with the metropolitan police. the week before christmas, 2004 debbie lost her dad. >> his death affected so many. >> police reports say wilford caused three accidents in less than half an hour. the first two he hid and ran. the third happen on randolph road in rockville. he tried to flee a third time but couldn't. >> he needed to pay for what he had done. >> it was amazing. he was on the

andrews in the upper 90's. the heat index will stay in the high level at least as long as we have the due point level. that is what we have out there now. by wednesday, these will fall in the 60's. that is when it will feel drier and more comfortable. the nice dry day only going to last one day. enjoy wednesday. pick of the week. doppler radar, showers and the thunderstorms. nothing is severe. we could see gusty wind and downpour. storms only lasting 20 to 40 minutes in your neighborhood. the future cast looks like this for tomorrow. this is going to drop our temperatures. best chance for a few showers and the thunderstorms in the afternoon hours tomorrow. some may become severe. 93 degrees for a high tomorrow. the temperatures will cool to the upper 80's on wednesday. 90's next week. kimberly: time for a check of traffic. jamie sullivan? jamie: let's begin in maryland. the baltimore-washington parkway is in the teens. we had an earlier crash but the delays are sticking around. capital beltway, in maryland not t

temperatures in the 60's at the coast all the way up to the mid 90's inland. going to be hot inland tomorrow but not as hot as what its to come. micro cmate at tomorrow we go from the warmer weather to the mild wins thursday half man bay 68. downtown san francisco 74 degrees. head towards oakland 80. walnut creek. 100 on thursday. and look at this. antioch 102 degrees so over 30 degree spread tween half machine bay and antioch that is what we expect. accu-weather 7 day forecast out of the hot weather as we head towards the weekend back down to comfortable 80 in the warmest spots. >> that will be nice after the heatp thank you. >> fishermen wait hours somemes to get a bite but one new jersey man got more than he bargain for. ron dropped the line into the like over the weekend got quite the nibble. fish he reeled look at the the row of teeth. it look almost human. never seen anythg like it before. he was a busiss concerned. >> a lieutenant of the resident swim and peop that the marathon swimmers few that swi the length of this like every day. >>reporter: he firs

the second biggest stock in the s&p. ares are positive, but lagging behind some of toes other tech giants. the class a voting shares up just 4% so far this year, still beating the s&p. the nonvoting shares, c class up 1%. google one of those stocks that's trying to find its footing here and trying to keep pace with some of those other large cap brethren out there. >> we're going to hone this on google here, swrund performance has caught the attention of our chart master carter who has already made his way over to the board. >> it's been literally frozen. so the opportunity if you're a short seller is the resolution is down, if you are a buyer up. we think it's up let's make our bets. a big sideways period, you can see this clearly. here is the trend line that's been in effect since essentially the stock came public. we are on this line, on this line, we are on this line. so here is our sideways a, there is our trend line. now you make your bets. is the resolution up or down? what we're keying in on here, i'm working backw

up byn see the s&p is 7/10 of 1%. the dow is trading higher. treasuries were sold off based on the rally. oil prices, let's look at how oil prices are trading. nymex down. pimm: the yield on the yield on a 30 year, 3.13. let's look at the dollar. 11372. the yen losing a little bit. let's take a look at some of the top stories crossing the terminal. a possible step forward in the greek bailout saga. -- is offering a new plan that will raise taxes. the european commission's vice president tells hans nicole's it is a step in the right direction. >> this is going into the right direction. we are not there yet. there is further work to be done. before we can reach an agreement, we need to work intensively in order to reach a deal this week. greek banks are trying to slow down the pace of withdrawals. walk-in customers are being unofficially limited to taking out about $3400 worth of euros. ashton carter says the united states will contribute an array of weapons, aircraft, and commandos for the rapid reaction force to help defend itself against russi

by sunday, daytime highs in the upper 80's as opposed to the middle 90's. for tonight we are looking for mainly clear skies and it will stay a bit on the muggy side. inside the beltway, the warmest temperatures. the further north and west you go we will see slightly cooler temperatures that it will still field muggy out there. keep the ac on if you can and you will need it for the day tomorrow. a few showers and thunderstorms develop by tomorrow afternoon. not affecting anything to become severe. watching a cold front off to the north and west of us with an area of low pressure that will eventually move our way as a move into the day on saturday. i sunday we will get this push of slightly cooler air. daytime highs in the upper 80's. by tomorrow is going to be hot. 95 degrees for a high with the wind out of the south-southwest. a heat index around 100. even though we do not have any heat advisories, take it easy. drink plenty of water, make sure your pets of water. 93 on saturday and upper 80's on sunday. alison: you will learn when he says hats he meets his

scott: when you look at the puzzle, 45% of the s&p revenues come from overseas. we need china to buy our goods and we need emerging markets to do ok. we need the eurozone to grow and i think it will grow one point 3%. those are important parts of the earnings puzzle we try to put together to come up with the s&p 500 earnings number. we need the rest of the world to participate. . think they will it will be modest but they are slowly moving in the right direction. lisa: we had more data coming out of europe that was better and expected. there was an inflation survey and one thing that you saw in the bond market today with the 30 year yield was they rose as shorter-term yields declined. areation expect haitians picking up and people are seeing the signs of inflation pickup around the world, not just here in the u.s. joe: we keep having this debate about stocks and are they overvalued? here is one from bob doll who says the first half when interest rates are falling and earnings are rising. what do you make of that? entering a phase that is not as good for stocks? sc

temperatures will fall in the 80's to the 70's. winds out of the southwest at 5-10 miles per hour. for the overnight the heavy rain will come to an end. scattered showers early evening hours. temperatures in the middle 60's. tomorrow we have a hard time to gain traction with temperatures. all the action is out of here later tonight and early morning hours. overall highs tomorrow. alison: let's find out how it is moving in the traffic situation. jamie sullivan is here with the details. leon: she is making her commute. jamie: yes. we are just hearing about an accident on 81 winchester near mile marker two. it sounds like a serious crash. i want to look at the congestion. we get to the beltway where we see the heaviest traffic. 11 miles per hour working your way to the american lea john bridge. continuing to bethesda and silver spring we are in the single digits. we have traffic lights that are malfunctioning. treat it as a four-way stop. we forget. if it rains outside and still light out turn the headlights on. that is a heads up for you. be careful and make sure you use caution. tha

not often in lane june with a full day, we get temperatures in the 80's. dewpoints in the 50's. it shows how comfortable air mass it is. but it is coming. it is going. the fact it is in the process now. high pressure moving overhead will give us a pleasant night. as it moves offshore tomorrow, it will make room for the low pressure center. to move in our direction we will change the winds that bring in more heat and humidity and bring in a chance of showers and thunderstorms in the morning, but by late afternoon and evening showers and thunderstorms a chance, some could be heavy to severe. friday, all of this will settle south a bit. maybe a few lingering showers through the day. other than that, a quiet day friday until we hit friday night then another storm system will approve to the west. this will increase the chances of rain friday into the entire day saturday. some of that rain could be heavy. we could get enough rain that flooding could become an issue in some areas. much cooler in the 70's starts to clear out again. by tuesday, wednesday back to the basic summer pattern.

detroit is expanding to magically in the 1950's -- dramatically in the 1950's. what's that? >> [inaudible] >> dramatic increase. the other cities had a tough go of it during this period. chicago weathered the period better than others. as the rail system is on its back here, we see the railroads are eager to -- this shows the trade through dayton ohio. it is a funny looking train. one car. there is probably one passenger on that train. through the early 70's, there are eager to eliminate the entire's system of trains. interesting commerce commission insisted they remain running until we were commissioned to eliminate those trains. the service became very defunct three. very poor a lot of stories about real roast trying to show weight passenger so they could get permission to eliminate -- shoo away passengers so they can get permission to eliminate that trains. try to reinvent the passenger. as the routes were eliminated during this difficult period, city started to ask, what do i do when the railroad leaves town? we will look at case studies that show all towns have a differe

there is a lot of work being done on the 1970's right now. but professor's book is one of the best books in attempting to really integrate what is happening in the post-watergate moment into a larger narrative of american politics in that very transitional period. so, we are hoping she will be able to provide some political context for the church committee. next we have ethen harris who for anyone who studies the history of the fbi is a very well-known man. he is the dean of fbi studies in our country. and anybody who studies the fbi owes him a massive debt of gratitude. myself included. ethan has not only written dozens of books about the fbi and its history but has been really instrumental in acquiring huge volumes of fbi files, and patiently, patiently awaiting freedom of information act request to be fulfilled. and those records for all of us are now available at marquette university. it is just a wonderful repository. and a great contribution to american history. kate scott, or catherine scott is here. she is an assistant historian in the

the s&p 500 lower as one. ally taking a beating right now, the russell small cap index etf, down almost 1%. russell 2000 index of small caps yesterday reached a record high. let's go inside the s&p 500, show you where the pressure is. it comes to sectors, materials unpressure the most. all ten sectors are lower. materials getting hit the worst. health care which has been the hottest of the past year also at the bottom of the list. industrials, consumer discretionary and energy going from energy which is rounding out the bottom five let's go to the closing trades of oil. about to close, jackie deangelis live for us at the nymex. >> reporter: one minute we're positive, one minute we're negative. choppy trade in oil today. this is really a tale of two data points. the market is confused. we've got that story when "power lunch" comes back. >>> i'm sue herera. here's your cnbc news update. boston marathon bomber dzhokhar tsarnaev addressing the court at his death sentence hearing. he apologized admitting there is no

look at monday, tuesday and wednesday, high temperatures in the 80's at home, down the shore, in the 70's, so really, feeling a lot more like summer. and right now there are signs of summer in center city philadelphia a but first we want to tell you about orr at the shore. we will be live in cape may tomorrow at 5:00 and 6:00a lot planned. we have restaurant week and pianos on the promenade for a good cause. we will talk more about that tomorrow live from cape may. now, signs have of summer in center city philadelphia, bars and restaurants are offering great deals for the start of the center city's which runs all summer long. guess where justin drabick is at independent mall at all of the fun. it looks like a great time. >> i think a lot of people look forward to this for the summer season. tonight is kick off of center city, every wednesday through september 2nd between hours of 5:00 and 7:00 numerous bars and restaurant have deals. $5 cocktails, $4 wine, $3 beer half price appetizers. here we go independent beer garden thinks one of the spots that are offering this deals for the cen

not the end of the program. >> what s the biggest problem right now, post-katrina new orleans would you say? >> crime. crime. >> and what s the root of that crime? >> job-stop bullets, economic development. and-- crime is about education and opportunity. now-- now people will challenge me and say, "well, you know, hey, man people have-- you had the opportunity t-- l-- it s-- it s on those people to take advantage of their education-- " >> you re not a criminal. >> --and opportunity." you know that s-- but we have-- we all m-- make contributions to this you know to a dysfunctional dynamic. and people have to look at their contributions, you know to the dysfunctional dynamic. so-- when we look at our neighborhoods that are in crisis and crime, violence murder understand there's a responsibility personal responsibility, yes. but we have memorialized policies, too, that are contributing to that. and let s make sure we get rid of-- let s have a comprehensive approach and get rid of it all. you know it s not monolithic. "oh, they need to pull themselves up by their bootstraps." or, "it s

one of the worst decliners in the s&p today. res of delphi automotive, an auto partsmaker as well to the downside. the two worst performing stocks so far, goodyear tire, delphi automotive in the s&p 500. back to you. >>> double the najarians, double the trouble. guys, what unusual activity are you seeing today? >> today it is actually puts but i'm sure is a shocker. these are puts in a company that's both had tremendous runs to the up side and then pretty much a tremendous falloff. soda stream. down about 5.5% today. down $1.30 and falling down to $21.34. that's the level at which, judge, we see the put buyers coming in. august put buyers at the 21 strike. they came in. there was almost no open interest at all. 12 contracts. they came in and bought thousands of these puts. they're obviously looking for a pretty significant break. puts went from rough rly 90 cen to $1.40. people are looking for downside out of sodastream. >> i'd caution, after you have this kind of move intraday already, you don't have to chase this. i think this

we'll go to the mid 90's on tuesday. 80's wednesday thursday, a little bit more comfortable. by the end of the week upper 70's with a chance for [african-style music] ♪ take my hand to the land ♪ ♪ take my hand to the land, whoa-oh! ♪ (narrator) only one family goes to incredible lengths to make sure your family time never becomes endangered. kalahari resorts. coming to the pocono mountains summer 2015. book now at kalahariresorts.com mmmmmm yoplait! ♪ oh! good news everybody! there is now 25% less sugar in yoplait original. say "adieu" to that sugar. because it still tastes good ahhhh yoplait! >> all right, lesley phillies looking good. >> they did something they haven't done in a little while. the last phillies starter won a game was on may 23rd. today they sent a rookie to the mound who had not won since 2013. adam morgan making his major league debut. he pitched like an ace today. he allowed one run and six hits in five and two-thirds. struck out six. phillies win nine to two. >>> jordan spieth half way to a grand sla

it's in the low mid 60's right along the coast fog mid 50 and around the bay keepou mainly lo60's. orning when you get going watcout for the fog. afternoon high like this. south bay gilroy 89. 88 morgan hill. 83 santa clara. 85 for if you san jose. still warm just in the as warm as today. on the peninsula uer 70's to low 80's. san m te'o redwood city, 62 half man bay and foggy city, 62 half man bay and foggy. same thing for daly city. 67 downtown san francisco. north bay san rafael. vallejo low 80's. 86 santa rosa. east bay nice. mild. 74 oakland. 8243 mochbility inland spots still on the hot side. 95 in livermore. 90 condition cord san ramone. wait one more day before you get some relief in the inland communities. if going to the giants game tomorrow against the rockies in e evening it's pleasant. 62 degrees breeze kicks in. temperatures will follow to about the upper 50's and sun sets at 8:37. accu-weather 7 day forecast tomorrow ke sure you have your shades and sun screen and if youre near the coast, sweater or jacket mate come in handy. notice low 60's to mid 90's. cooling down

temperatures right now in the 50's. and the 60's. and inland areas in the 60's. camera showing you pretty good visibility looking across the bay. patchy low cloud in the morning. warming trend the next few days. triple digit by thursday and water vap imagery the cooling started yesterday is the carrying over into today in many parts of the pay area because of the trough the on shore flow but this low is heading out and as it does high pressure builds in and the temperatures will slowly rise but by thursday really kicking up. tomorrow morning for the commute you will see some patches of low clouds around the coast and the bay but most areas will see sunshine by afternoon. lacking a 80's inland. 50's near the coast line and then we see the temperatures soaring. antioch ok at the temperature trend going from 88 tomorrow to 95 wednday to 104 on thursday. yes that's when it is going to be sizzling around here. temperatures start to drop by friday with just a one day ike then the weekend will featurcooler weather. tomorrow morning cool spots along the coast. already dow

it's in the low mid 60's right along the coast fog mid 50's and around the bay keep you mainly low 60rrow morning when you get going watch out for the fog. afternoon high like this. south bay gilroy 89. 88 morgan hill. 83 santa clara. 85 for if you san jose. still warm just in the as warm as today. on the peninsula upper 70's to low 80's. san m te'o redwood city, 62 half man bay and foggy city, 62 half man bay and foggy. same thing for daly city. 67 downtown san francisco. north bay san rafael. vallejo low 80's. 86 santa rosa. east bay. nice. mild. 74 oakland. 8243 mochbility inland spots still on the hot side. 95 in livermore. 90 condition cord san ramone. wait one more day before you get some relief in the inland communities. if going to the giants game tomorrow against the rockies in the evening it's pleasant. 62 degrees breeze kicks in. temperatures will follow to about the upper 50's and sun sets at 8:37. accu-weather 7 day forecast tomorrow make sure you have your shades and sun screen and if you are near the coast, sweater or jacket mate come in handy. notice low 60's to mid 90

digging in the s&p, telecom, tech and the utilities leading the s&p lower. here with me to break it all down his joe weisenthal, the bloomberg markets managing editor. joe: one thing we have been talking about a lot is transport and we have been getting not so good news. american airlines cutting forecasts, southwest was one of the worst performing stocks on the s&p 500 today. there's fear the transport could lead the over market lower. alix: raymond james said expect it lower into the summer months and muted -- you wouldn't expect that. he has a different take. i was looking at energy, the second are finishing relatively neutral, but you did see a big move in oil stocks and oil in general, and upgrade for oil stocks at oppenheimer and in terms of oil price, you had eia coming out, downgrading its forecast for july. still expect production to be at a 43% high but shale inching lower. joe: one headline that hit before the bell was another company boosting the amount of cash it gives to shareholders. target boosting its dividend by 7.7%. there was a goldman not