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

This maker breakout begins with the state of the markets. After a week that saw more record highs, a red-hot IPO, and now this pullback, and as Kelly was saying, higher interest rates, we'll ask our experts what it all means over this final stretch.

In the meantime, here's the scorecard with 60 to go in regulation today. We have been read all day on that move in yields, the spike in oil, S&P and NASDAQ. They've been up for

seven straight weeks, so a little giveback isn't all that surprising. Inviteous shares are lower

ahead of its earnings report next week and a new high for that stock this week. Microsoft shares

are higher, though. Pershing Square's Bill Ackman revealing a new position for that stock this week. Microsoft shares are higher, though. Pershing

Squares, Bill Ackman, revealing a new position in that name, sending it higher by nearly 4%. And

an IPO land, Cerebrus is down following its huge IPO move yesterday. We're following the IPO story

today as well. It does take us to our talk of the tape.

So where do we go from here following this amazing move in AI stocks,

especially if rates and oil remain elevated?

Well, let's ask the Wharton School, professor of finance, Jeremy Siegel.

There he is.

He's also Wisdom Trees, chief economist.

It's good to have you back.

So what do you make of just the price action

in this market, how we continue to trade, and how you view this move in yields, which is substantial?

Yeah. And Scott, I think the chairman, she and President Trump summit was a very big disappointment.

And I think it was a big disappointment for the market.

I remember in the previous summit he had reporters asked President Trump,

well, how did you, you know, rate your meeting with the premier on a scale from one to ten?

And he said, a 12. Well, this week, on a scale from one to ten. And he said, a 12. Well, this week, on a scale from one to

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