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 make-a-breakout begins with this record-setting rally.

Whether it is still intact or now in some serious trouble, thanks to the dramatic move and interest rates.

We'll ask our experts over this final stretch, including Black Rock's Rick Reeder.

He joins me momentarily right here at post nine. In the meantime,

let's show you the scorecard with 60 to go in regulation. We'll zero in on the NASDAQ. That's

where the recent selling has been most pronounced. It's down three quarters of one percent right now,

off the worst levels of the day, below 20,000. As you see, we'll watch it closely. InVIDIA

and Apple under some pretty good pressure again, too.

And speaking of, we've got Morgan Stanley's Apple analyst. Eric Woodring, he's coming up later

to weigh in on the latest questions about that stock and iPhone demand as well. It takes us to our

talk of the tape today. Has the path of this bull market taken a turn for the worse?

Let's ask Black Rock's

CEO of Global Fixed Income Rick Reader. He joins me now at Post-Nights. Good to see you again,

man. Thanks for having me. So let's talk about this backup in rates. I just want to know

sort of what you think about it as you're sitting here like we all are watching it and trying to

figure out what it means. So, I mean, the first thing is saying, that employment number on Friday was pretty powerful.

And it led to this belief and looking at,

when you look at the confluence of data that's come out,

you've got an economy that's operating a pretty strong level.

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