Welcome to Closing Bell.

And I'm Scott Wopner live from Post 9 here at the New York Stock Exchange.

This make-a-break hour begins with rates, the Fed, and your money.

And on that note, New York Fed President John Williams speaking right now, about to anyway,

see the room, that's where he's going to be.

Our Steve Leeson's going to bring you the headlines

as they happen.

Perfect timing too.

As questions about the road ahead for the Fed

are definitely impacting the markets today.

Let's take a look at your scorecard with 60 minutes to go in regulation.

A strong retail sales report this morning sent yields climbing and that immediately put

pressure on stocks today. 10 year no yield rising to

411 take a look at it there it's just below that now for 10 well growth and

tech obviously the places most impacted by that today.

Nasdaq, one of the worst of the majors,

led lower by Apple, Tesla, and Microsoft.

You see them all there.

Look at Tesla down two and a third percent.

Not much better for Goldman and Caterpillar today. They're among

the biggest drags on the Dow. Take a look at both of those stocks, giving some

back and that's a drag. Takes us to our talk of the tape. Weather investor sentiment

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