Welcome to Closing Bell. I'm Scott Wabner live from Post 9 here at the New York Stock Exchange.

This make a break hour begins with the bounce back as the major averages.

Well, they had erased most of Thursday's decline. We're still positive, not quite as good as we were. We're going to track

it over the final stretch. That after the jobs report came in hotter than expected.

Interest rates on the rise a bit, we're going to ask our experts over this final stretch

what it means for this rally going forward and that includes

the Wharton professor Jeremy Seagull he's going to join me momentarily and we're

excited for that interview in the meantime your scorecard with 60 minutes to go and

regulation looks like this we are going to end the week it looks like on a high note

But not quite as high as it looked just a couple hours ago.

Yes, we're still decidedly green all S&P sectors as well. We're in the green for much of the day.

I'm looking at utilities right now though. They have moved flat tech and com services.

They've been on the run today outperforming another new high for Meta, a strong session

as well for Amazon and NVIDIA, and let's of course show you interest rates, mostly higher

along the curve today.

Fed Governor Bowman saying just about midday her base case

is for rate cuts and a continued decline in inflation. Talked about risks though

to both scenarios and that it's too soon to make a move now as many have been saying.

It takes us to our talk of the tape.

The record rallies run and whether it can keep going.

Let's ask Wharton School Professor of Finance, Jeremy Seagull, also Wisdom Trees Chief

Economist. Professor, it's good to see on this Friday. Welcome back.

...