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friday's very very important jobs report for the month of june. we will get you set up for all of that later on in the program, maria. >> meanwhile, big day in news. barcl barclays top stepping down amidst a scandal in involving barclays and other banks and we will wait to see what he has to say before a panel tomorrow. we're asking if this is the tip of the iceberg. former chairman dick grasso will weigh in on that in a few minutes and market structure. >> we have coverage on that tomorrow in england on cnbc. first, here's how we're settling out on the high of the session at dow, ...

be joining us. and yahoo! is selling part of its stake it in ali baba. the cash infusion could appease shareholders looking for dividends, acquisitions or share repurchases. >> and now to the other morning deal news. biggest u.s. operator of dialysis clinics buying health care partners for $4.4 billion in class and talk. also this morning, a chinese conglomerate buying amc entertainment holdings for $2.6 billion. amc's headquarters will remain in kansas city and the operations expected to remain unchanged, but there could be chang changes. we'll talk more about that. and the internet...

1309.73. oil right now basically flat as you see -- excuse me, gold basically flat. but oil up by about 1%. sue herera's on watch at the new york stock exchange. good afternoon, sue. >> hi, ty. good to see you. you know, there's a lot of optimism on the floor today. the markets are starting the week out on a strong note thanks to news that china will continue to support its economy. that could keep the global growth story going strong. so in the dow stocks that are leading the way include caterpillar, which has been up better than 3% at various times during the session, boeing as wel...

Investors feel they have a tremendous sinking feeling about the market and you mentioned earlier that today is the 100th anniversary of the we titanic and the jobs report could have been the tip of the iceburg of what is on the horizon and like grasso said we need policy to talk about creating jobs, someone out there that can talk about how to overcome the global growth american. bernanke is talking about qe3, more lose money rising the prices of commodities causing more concerns here for inflation, and, possiblying growth. it is not a good sign. >>neil: but it could be if you look at the kick...

Make over 30 percent in taxes but the footnote and context in the remarks, that this increase in taxes we would get from the rich, would not go toward debt relief, it would be done in the name of fairness and it would not be part of helping ease the debt burden which, i think, really aroused a lot of uninvesters saying maybe the debt should be uncontrol but we can think of a number of ways to do that rather than hike them on people like dick grasso, but, but, when the president essentially said and the white house said this would be done in the fame of "fairness," that did compound a lot of an...