Bank and oil stocks lead markets down on May's last trading day

Stocks (^DJI^GSPC^IXIC) are under pressure at the midday mark as the month of May draws to a close. The finance (XLF) and energy (XLE) sectors are leading the way down, while utilities (XLU) and health care (XLV) are the most in the green. Keith Bliss of Cuttone & Company joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Dan Roberts.

Today’s discussion topics:

  • What’s in store for markets this summer?
  • Crude oil 8% off May high, weighing on stocks
  • Google Nest IQ: users can program familiar faces
  • Reports: Gary Cohn, former Goldman COO, looks to be Fed chair
  • Apple to debut “Carpool Karaoke” series August 8