All right, thank you very much, Kelly. Welcome to closing bell from the opening bell to the closing bell. I'm Dominic Chewin for Scott Woffner.

This make or break hour starts with the race for new records as the S&P 500 flirts with another closing high.

We're in the red right now, but we'll see what happens. Here is your current scorecard with 60 minutes left to go in the trading session. now, the down industrials floating lower by just about one quarter of 1% to 48,645.

The S&P 500 down, we'll call it pretty much flat, 666929 rather, on that trade in the NASDAQ composite, up very marginally so, to 23,626.

Tech and materials are leading the way higher, while energy has been the laggard, so says the

year today tape as well.

Also on the commodities front, gold and silver are hitting, again, new record highs, and

Bitcoin is coming under pressure yet again today.

We saw the price of just around 87,500.

That's where we currently stand right now as well.

This leads us to our talk of the tape.

Do you stick with what's been working heading into the new year,

or is it time to readjust and reposition?

So joining me now to discuss all of this as City's U.S. equity strategist, Scott Kronert.

Scott, we've been talking a lot about the kind of maybe lowish volume, kind of wading,

holding pattern type situation we're seeing today. It's not all uncommon after the day after

Christmas, but this does beg the question about whether or not the same storylines hold in 2026 as they did in

2025, at least for the first half, Scott, of 26. Yeah, Dom, I think, you know, I think there's

a good argument that it will. Our approach is that we think it's going to be a little bit

different. We're using the word idiosyncratic to describe how we think

the setup into next year goes. So we're looking for broadening into other sectors. We recently

upgraded health care alongside ongoing overweights and banks and tech. But we also, you know, a little bit

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