Court, thanks so much. Welcome to closing bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange.

This maker break hour begins with new records for stocks. It's a broken record. Here's the scorecard with 60 to go in regulation.

The S&P going for its first close above 6,800 a day. Looks pretty good. It's a gain of more than 1%.

Optimism over a China trade deal, certainly the catalyst for the move today.

Tech is leading as well, a very strong day for the NASDAQ because of the chips.

Invidia is higher. The day's biggest movers, Qualcomm, after announcing new data center

chips, we'll have more on that straight ahead. But look at that stock, up near 13%.

And that's not even the best levels where that stock was trading today.

We do begin with our talk of the tape. All that lies ahead this week with mega cap earnings, the Fed decision, and so much more looming large.

Let's welcome in Solace's Dan Greenhouse and I Capital, Sonali Bass. It's great to have you both with us.

Dan Greenhouse, you first. This is a resilient

rally. This likes any positive headline. It's getting on trade, and it thinks it's going

to get good stuff from the mega caps. How much is actually riding on what happens this week?

Yeah. So for viewers who watched the halftime show, you saw Joe Turnover say something

that was demonstrably false, which was that this market

can withstand a disappointing series of results from Mag 7. I totally disagree. Joe is the best,

but I think he's dead wrong. When you look at how important this trade is to the market,

the mega cap names, forget Tesla, but let's include Broadcom instead. That's like about a third of market

cap in the S&P 500. But when you add in everything else, train technologies and GE-Vernova,

etc., you get up to somewhere around 43, 44% of the S&P 500. I could be off by a little bit,

but that's how important this trade is to the whole market. And I totally disagree. If something goes wrong with this story, which I don't think is what's going to happen, but if something were to go wrong for the story, I think it would be a big problem for the markets in general. Yeah. Do you agree with that? Because, I mean, obviously, when Joe made the statement that he did, he pointed to the fact that there was all of this other stuff that's good.

Now, he also wasn't making the point that these could have a misstep in the market. The rally's

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