Brian, thank you so much. Welcome to closing bell. I'm Scott Wobner live from Schwab Impact in Denver once again. Stocks rebounding today as we begin this final stretch. Let's show you the scorecard here. The majors with 60 to go until the close. We are nicely green across the board today. ADP was better than expected. So perhaps that's helping claw back a little bit from yesterday's steep selloff. Doesn't hurt that Nvidia and Meta and Alphabet, they are helping along as well.

Some pretty decent gains there. Alphabet's a 2% winner as is meta. Take a look at Micron and Intel.

We flagged them as well today because they're up nice. And look at Micron. Up near 10%.

Intel with a good gain of its own

and the airlines as well they're trying to suss out and enter the government shutdown maybe so

united the big winner but American and Delta no slouches either watching Robinhood today too

ahead of that company's earnings they come tonight in OT and a nice move ahead of all that.

That leads us to our talk of the tape. What is the state of the retail investor? How do they feel

about this record setting rally? And how are they expressing that view inside the markets today?

We'll first bring in Mike Santoli and Mike what people say is a retail driven

rally. They've been highly engaged this whole way for the most part and they've also for the most

part been right. They have. I mean, look at an uptrending market when there's an aggressive bid

to buy most of the pullbacks, they are going to net out to be winners. They've not been

shaken out easily of this market. I actually think you can dial it back starting in like 2019

when all the major brokerage firms went to zero commissions. Then you had the pandemic, the sort

of social stampede into meme stocks and short squeezes and this self-fulfilling prophecy.

You had the short-dated options, all these tools along the way.

And all along, investors were getting more involved in.

They're playing with house money.

I do think there's another piece of it this time around, which is that the, let's say,

the median age in this country is it's like 40, right?

So you have the massive millennial generation in their peak earning and investing years.

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