This make or break hour begins with stocks finding some traction after a two-day skid as the rise in bond yields stalls at least for now

Another round of steady economic numbers on the services sector today feed the debate over interest rates with Fed Chair Powell

reiterating his patient stance when it comes to potential rate cut seeking greater

confidence that inflation is in retreat. Let's get to our scorecard with 60 minutes left in regulation.

The S&P 500 up modestly actually less than a quarter of a percent.

That follows a two-day dip. The index is now sitting right at the spot where it closed the day of the last

Fed decision March 20th that's exactly two weeks ago just above 52-20 was to

close their tech bouncing back a bit today. The NASDAQ you see there is up by about a third

of a percent with Apple and Tesla among those recently weak stocks bouncing. Cyclicals and

materials, industrial's energy continue to outperform the broader market as

you know the verdict of the market on the economy still seems to be pretty solid.

The XLE on pace for its eighth

straight week of gains.

314 research is Warren Pies.

He will weigh in on whether this run in crude

can continue later this hour.

Treasury yields are easing back from an earlier jump though

still harboring at the very top of their four-month range. You see the 10-year at

435. That takes us to our talk of the tape so is the stock market's indecisive start to the second quarter?

Yet another fleeting pause on the way higher or the stirrings of the first proper pullback in five months?

Let's ask Lori Kavasina.

RBC capital markets head of U.S. Equity Strategy, Lord, good to see you.

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