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

This maker breakout begins with stocks chasing new highs. Weather will get there, and then, more importantly, what might happen next?

We'll ask our experts over this final stretch, including J.P. Morgan's Gibraloccoe. We'll join us momentarily.

Here is the scorecard with 60 to go in regulation on this Thursday. Stocks trying to pick up a bit as the day has progressed, have some optimism over trade

and perhaps coming rate cuts too playing a role in all of that.

Tech is the best sector today.

Microsoft hitting yet another new high, Vittia and Apple Green as well.

And there's Oracle surging after its earnings report today. We'll tell you more about that

14% move, why it is happening so large today a little bit later. And we do have another IPO going

gangbusters chimes soaring in its first day of trade at the NASDAQ. There it is, better than

39%. It takes us to our talk of the tape. Whether it is in fact time to get more bullish on these markets, as altimeters Brad Gersner told us earlier today. You will hear his reasons why in just a moment. Let's now welcome in Ellen Zentner of Morgan Stanley and Schwab's Kevin Gordon, both as you see here with us at Post 9. It's great to have you both.

Hi, Scott. Ellen, you say there is a bull case for stocks, but it's plausible, not probable.

Why? Yeah, of course. Well, I think that April 8th started a new bull market, right?

Up 20%. And there's, I think markets are going to struggle for a narrative to hang on to here.

I don't think we're past the trade uncertainty. I don't think we've gotten any more certainty,

period on anything, whether how much inflation is still to come, labor market weakness is still to come,

uncertainty over whether the Fed will cut this year or not.

And so I just don't think there's a whole lot to drive that bull market narrative further.

You also think the bar is high.

Yeah, I think it's high because, I mean, when you look at what plunged us into the bare market territory, on a closing basis, not for the S&P, but at least on an intraday basis, we can use that

as a metric. But, you know, it was the fact that we did have tariffs on basically everyone in the

world, but also many sectors. But the second aspect of that was because they were so aggressive

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