The bell's bringing an end to the trading day at the NYSC Victoria's Secret bringing the bell as that stock jumped 40%.

And at the NASAC, it's WSFS Financial.

Welcome to closing bell overtime.

We're live from Studio B at the NASAC market site.

I'm Melissa Lee along with Mike Santoli.

Sox flattish on the day.

The Dow up 250 points.

The S&B 500 setting another record high close and rising for the ninth straight session. The NASDAQ just barely in the green, but it's also a closing high in a nine-day winning streak. More in the markets than some of the big moves in individual stocks coming up. Speaking of big moves, Palo Alto is up 60% in just a month. earnings due out momentarily. Will the numbers keep the rally going or will it be a sell-the-news event?

We're also waiting for results from ALTA on a day when both consumer sectors were lower,

travel food and even beauty stocks, down today. Flat on the day overall, Mike, but it was within

the technology, again, chips, big movers, right? Even software, IGV taking a breather, but still,

that was a big mover. Without a doubt, I mean, I think investors keep or traders keep slamming

the same button here. So ninth straight up day within a streak of nine straight winning weeks,

it just sort of shows you that we're essentially pressing the same bets. So semi's up 5%.

They've almost doubled off the March 30th low. So you have a new record high in the S&P 500 on

the day when only 5% of S&P 500 stocks made a new 52 week high. So this has been the dynamic for a little

while. It's one of those things where it's not so much, you know, oh, it's got to be danger. We're falling off a cliff. But you have to recognize that not a lot of new information is getting into the price on a given day. Exactly. And we're going to talk a little bit about this later. But the big moves that we're seeing on some of this news, HPE, for instance, today. I mean, the reaction immediately on the earnings release yesterday carried

over today's session. And keep in mind, we've said this yesterday. It moved higher on the

back of Dell. And then Dell moved higher in the back of HPE again. It's just amazing.

And Oracle was up 10% yesterday and why. And yes, exactly. HPE, fascinating instance here

of a kind of a cheap stock forever, people just wanted to forget about it.

And now it demands attention because there was micron, there was memory, there was food chain, the whole hardware food chain going down the value chain and back in time.

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