Welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

This maker break hour begins with the road ahead for stocks amid rising rates and a pickup in volatility as well.

We'll ask our experts over this final stretch how to navigate this changing market environment.

In the meantime, we'll show you the scorecard here with 60 to go in regulation.

We do have the Dow now green, but the S&P 500,

NASDAQ still read a cooler than expected PPI initially sending all three of the major

averages hired today. Yields, they didn't budge that much. That's probably why we look the way

we do. There's the 10-year below 480. You got to watch the 30-year, too. Both the tenure and the 30-year yield were higher today.

We do have some standout stories to highlight for you.

Lilly shares are lower after their guidance was weaker than expected.

Stock's down 7%.

KB. Holmes, well, they're higher today on its earnings beat.

And Cigna Jewelers down sharply after cutting its own sales forecast.

We'll watch that stock. Look at that.

Down more than 20%.

It takes us to our talk of the tape.

Can stocks still turn in a strong year if interest rates stay elevated and the Fed stands pat for several months?

That is a key question.

Let's bring in Dan Greenhouse of Solace Alternative Asset Management, who hopefully has the answers for us.

What do you think?

I think clearly you have a little bit of indigestion right now in the market with yields going up, not just to the level to which they've risen, but the speed at which we've gotten here.

But I think we've seen this story before, and on the assumption that yields are going to top out somewhere in the 475 to 5 range, and it's a longer conversation for why that is, then presumably whatever equity rally that we've been experiencing is likely to continue doing so. At least that's my expectation.

...