DOW CLIMBS, NASDAQ FALLS: Here's what you need to know (SPY, DJI, IXIC, USO, WTI, OIL, VDE, MU, NKE)

Stocks had a mixed performance on Friday and closed lower for the week. This weekend is Greece's last chance to avoid a missed payment to the IMF next Tuesday. First, the scoreboard: Dow: 17,946.68, +56.32, (0.31%) S&P 500: 2,101.49, -0.82, (-0.04%) Nasdaq: 5,080.50, -31.69, (-0.62%) And now, the top stories on Friday: The US oil rig count fell for a 29th straight week although the total rig count turned positive for the first time since December. The oil rig count fell by three to 628, the lowest since August 6, 2010. The number of oil and gas rigs in operation rose by two to 859. The reaction in oil prices was muted; West Texas Intermediate crude oil traded lower but little changed for much of the day, falling to as low as $58.78 per barrel. It's the final weekend before Greece possibly misses a payment to the IMF. The Eurogroup of finance ministers meets tomorrow to try, yet again, to work out a bailout deal. Investors started the week confident, and Greek stocks rallied 16% this week. After this roller coaster week of many headlines with little progress, Wall Street traders coined a new word: "Gretigue." Chinese stocks got slaughtered again. The benchmark Shanghai Composite index closed down 7.38%, and is about 19% down from a multi-year peak reached on June 12. In a note Friday, Morgan Stanley warned that the market, which has been on a tear this year, could fall another 30%. "This is not an opportunity to buy the dip," Jonathan Garner said. The University of Michigan's consumer sentiment index rose to a five-month high. Economists had forecast a reading of 94.6, unchanged from the flash print, and up from 90.7 in May. In the release, the survey's chief economist Richard Curtin wrote, "consumers voiced in the first half of 2015 the largest and most sustained increase in economic optimism since 2004." Nike shares rallied more than 4% to an all-time high. On Thursday afternoon, the company reported diluted earnings per share of $0.98 (up 26%, $0.86 expected,) and sales of $7.8 billion (up 5%, versus $7.7 billion estimated.) Sales rose 13% in North America. Micron shares tumbled more than 18% after the PC chip maker reported quarterly earnings and forecasts below expectations. David Einhorn lost about $145 million; Greenlight Capital is the largest owner among hedge funders with 33.5 million shares, according to Bloomberg data based on a regulatory filing made March 31. Micron said it is expecting revenues for the next quarter of between $3.45 and $3.7 billion, below estimates for $4.16 billion. Micron's sales of $3.85 billion missed expectations for $3.9 billion, while adjusted earnings per share came in at $0.43, versus estimates for $0.57. DON'T MISS: TOM LEE: US investors are so bearish, it's bullish »Join the conversation about this story » NOW WATCH: How LeBron James spends his money

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Greek talks down to the wire

Greek Prime Minister Alexis Tsipras was back at the European Council on Friday (June 26) morning for another day of talks. He has just 48 hours to ...

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Not even one big American company is talking about Greece

Greece and the Greek financial crisis have persistently made headlines in world business news for year. Based on what we know about the country's current finances and its existing debt repayment schedule, Greece very much seems to be on the brink of default. For the most part, however, Wall Street analysts aren't too worried that any of this will escalate into a problem that will have a significant impact on the rest of the financial markets. Indeed, Wall Streeters are complaining about fatigue of all things Greek, or "Gretigue." We're getting similar complacency about Greece from corporate America. FactSet's John Butters examined the earnings announcements and conference call transcripts of S&P 500 companies over the past month to see what they had to say about Greece. "FactSet searched for the names of 50 different countries outside of the U.S. (based on highest dollar- level GDP in most recent year available) in the transcripts of the 21 earnings conference calls (for both Q1 2015 and Q2 2015) conducted by S&P 500 companies since June 1," he explained. "Greece has not been mentioned in any of the earnings calls conducted by S&P 500 companies during the month of June. Over this same time frame, 26 of the 50 countries utilized in the transcript search were mentioned during at least one earnings conference call. Australia was mentioned by the highest number of S&P 500 companies (8), followed by China (7), Japan (6), India (6), and Canada (6)." So there you have it. Corporate America doesn't care about Greece. Join the conversation about this story » NOW WATCH: Take a tour of the $367 million jet that will soon be called Air Force One

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Creditors draw up emergency measures in case of Greek default

Eurozone finance ministers to plan for economic breakdown and social unrest if Greece does not accept terms for five-month bailout extensionEurozone finance ministers and Greece’s creditors are to draw up emergency measures on Saturday to cope with a default by the debt-ridden country unless the Greek prime minister, Alexis Tsipras, accepts the creditors’ terms for a five-month extension of Athens’ bailout. Related: The Eurogroup meeting - the key weekend for Greece Continue reading...

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FTSE LIVE: Footsie stays weak as Greek debt saga drags on but Tesco buoyant after sales fall less than forecast

10.00: The Footsie stayed depressed as the morning session progressed with the continued log-jam in Greece's debt talks keeping traders cautious ahead of a final round of meetings to hammer out an agreement tomorrow, although Tesco remained an exception ...

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Stocks end mostly lower as Greece debt deadline approaches

NEW YORK (AP) — Stocks had a mixed day Friday, as investors waited for negotiators to finish their work on a solution to Greece's debt problems. Chinese stocks plunged 7 percent as fears spread that a yearlong bull rally there has become overheated. China's benchmark index is still up more than double over the past year.

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Advances and setbacks as Greek default threatens in four days

With the threat of economic catastrophe less than four days away, Greek officials and their international creditors continued to clash Friday over how to raise the money the Balkan nation needs to keep up with debt payments and get an extension on its bailout program.

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