Welcome to Closing Bell, I'm Mike Santoli.

In today for Scott Wobner, lives from Post 9

at the New York Stock Exchange.

This make or break hour begins with an assertive breakout for stocks

after a healthy job support follows a debt ceiling deal to ease Wall Street's

two biggest worries perhaps.

The benchmark S&P 500 now up about a percent and a half has been riding around this level

all day.

The Dow up more than 700 points at the highs as well and the

SOP not far from its August 2022 peak which would be basically the peak for the last

13 months or so in a crucial shift the rallies also moved beyond

the handful of big tech favorites as small caps energy and cyclical stocks which

of course packed the Dow are playing some catch-up which brings us to our talk of the tape have the

market bulls and the economic optimists earned back the benefit of the doubt or is

this as good as it gets for now let's bring in Cameron Dawson of New Edge

wealth to talk a bit about

that. Cameron welcome. And how are you thinking about this? I mean the jobs

number today certainly strong on the headline but enough slowdown internally to make people think the soft landing is

not out of the question.

The feds told us in the last two days, perhaps they're willing to skip even with the economy

strong, skip a rate hike.

And you know, we had the tech leadership and now maybe it's

...