Bill, I'm Scott Wobner live from Post 9, right here at the New York Stock Exchange today.

This maker breakout begins with stalled stock so close to a new all-time high, and yet no clear sign they can actually get there.

Take a look at the scorecard here with 60 to go in regulation today. Not a lot of movement from the majors.

Feels like they're still digesting Wednesday's Fed meeting in those comments from Fed Chair Powell.

Yields, well, they are higher today, and that's being closely watched, tied in, obviously, with what's happening at the Fed.

We're also watching developments out of the Middle East.

Definitely a defensive tone today.

Utilities and Staples, two of the better performing sectors that one might expect.

As for individual standouts, Netflix, go figure, it's up again and getting a new street high price target of $1,600.

CarMax is up sharply today on earnings. We'll follow that into the close. That's near 6%.

It does take us to our talk of the

tape what can get stocks moving towards that new milestone let's ask wharton school professor of

finance jeremy seagull he is also wisdom tree chief economist professor it's always good to see

you welcome back thank you scott good to be here what's this market trying to figure out today? It feels like it's

searching, searching for something. Yeah, I mean, it was encouraged by Waller, and by the way, I think

he's completely right. We can talk about that later. I think the Fed should be lowering rates,

and I think that was an encouragement. It's certainly a wait

and see on the mid-east. I don't know if you would call it a two-week window, which Trump gave

a couple days ago. You know, we have triple witching.

So there's a lot of cross currents.

But I think the bullish tendency is there.

There's more, I think, I mean, there could be bad things coming out of the Middle East, but there could be some very good things coming out of the Middle East.

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