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Transcripts For CNBC Closing Bell 20160531

Part of a key index. You see ftse is up there, attracting index of half a percent. Well have details. It sounds like baseball but i will have an impact on the market. Plus, new details on drama between two of the highest paid ceos. That would be viacom and cbs. Howard schultz says starbucks could be joining the rain, of cooled beer. Well hear from him. We ask Howard Schultz about that. We start with the big day in china. How they could get a nice pop after the close of trading today. Welcome back, bob pisani, hi. I wanted to stay in hawaii, but i came back because of you two. I want you to know that. Thats why i came back. Look. We may not get a pop in prices. Its the biggest indexer. Right now theyre behind the indices. So msci is in the process of putting all of the u. S. Listed chinese stocks in their indices. This is a big deal because china is becoming a part of the worlds economy. The second half is happening tomorrow. So to ....

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