The Market On Tuesday

  Good morning. It is 66 degrees, cloudy, damp and rainy here in the Upper Hudson Valley. Rain seems likely. Tonight we have what may be the final game of the NBA championship series. It's been a good series with Golden State jumping out, then the Cavaliers taking control and apparently riding the wave to victory, then another shift in power back to Golden State who are now sitting pretty. I would not count the Cavaliers out but their task is the harder of the two teams.

  At 8:30 a.m. ET futures are moderately lower and the price of oil per barrel is now trading around $59.50. The market is poised to open lower.

  Two large events are going on this week. Greece may leave the eurozone or Greece may sign on to a kick the can down the road loan agreement to finance its massive debt. Also let's not forget about the Pope issuing his climate change encyclical. For today, the drama surrounding Greece is affecting global equities negatively.

CNN: Stocks: 4 things to know before the open

Greece has until Thursday to accept a new deal with creditors that will give it access to 7.2 billion euros to pay its debts and bills. But Greece doesn't like some of the strings attached, and many worry an agreement will not be reached.