Kel, thanks so much. Welcome to closing bell.

Scott Wobner, live from Post 9 here at the New York Stock Exchange.

This maker, Bank Hour, begins with surging stocks.

The major averages closing in on yet another positive week, their third in a row now.

We'll ask our experts, including the Wharton schools, Jeremy Siegel, how far this bull market is likely to run when he joins us momentarily. In the meantime, the scorecard with 60 minutes to go in regulation

looks like this. Nasdaq's leading the way again. As Meta and Amazon hit new highs, we're about

two-thirds of 1% there. Alphabet and Tesla are also higher, so we're watching that whole space

today closely. Uber is having its worst week of the year on concerns over Robotaxie competition.

The stock is getting a lift today, but it's been a tough week. An app-loving, remarkable story,

up another 9% today. Take a look at that. It's up almost 950% year-to-date. It does take us to

our talk of the tape. Too frothy or just right? That is the debate

for investors right now as this bull market continues to run. Let's ask the Wharton schools, Jeremy Siegel.

He joins us now live. Professor, it's nice to see you, as always. This has become somewhat of a

Friday tradition, and it's a good one to have. I enjoy it too, Scott.

Some are calling this setup Goldilocks.

Is that how you see it?

Yeah, I mean, take a look at the employment report.

In fact, all the economic announcements over the last week have been very close to target.

We had a little weakness in the household report, a little

tick up in the unemployment rate, but everything else is working exactly the way the Fed wants.

I think we're going to have one rate cut on that December 18th meeting.

But truthfully, I think only two or three rate cuts next year.

...