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Transcripts For CNBC Closing Bell 20140625

Huge change. Talk about it with National Economic Council Director jeff zients. Also, media broadcasters winning a Supreme Court ruling against streaming Video Service aereo. What that win means for the Media Industry and for consumers is coming up. Lets see whats happening in the markets right now. The dow, you know, yes, we had that horrible gdp report, a pretty bad durable goods report this morning as well, but the markets have taken it in stride. Weve bounced back from yesterdays decline. The dow is up 30 points. Theres the nasdaq up 23. Its up 0. 5 right now. Thats the best performer of the major averages so far today, and were even moving higher into the last hour and the s p is up seven points right now. Lets talk about it in our Closing Bell Exchange today with Jack Bouroudjian from index financial partners, david from mainstray capital management, susan fulton from fbb Capital Partners and our own Rick Santelli joining us as well. David, as we go into the summer here and the m

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