And welcome to closing by. I am Frank Holland in for the judge Scott Wapner. We are live right here at post nine at the New York Stock Exchange. Taking a look at the markets, they are taking a bit of a turn over growing concerns that a peace deal between the U.S. and Iran, it may not be reached out of a ceasefire that is set to expire tomorrow. Here's a look at your scorecard with 60 to go in regulation. Take a look. A lot of red on that board, as you can see. The Dow pulling back a third of 1%.

The S&P,. Take a look. A lot of red on

that board, as you can see. The Dow pulling back a third of 1%. The S&P, just about a third of 1%. The NADT FRAX, the Russell, the hardest hit right now down over a half a percent. We're also following reports that Vice President J.D. Vance has tripped to Iran to join negotiations. It could now be on hold.

Oil reversing course

and moving higher

with brink.

Very good. advance, his trip to Iran to join negotiations, it could now be on hold. Oil reversing course and moving

higher with brink, very close to $100 a barrel. Software, however, that's a bright spot,

continuing its rebound, the IGV heading for its seventh straight day of gains, and UNH,

soaring after a Q1 results, those beat the street. Apple shares, however, moving lower after announcing CEO Tim Cook is stepping down later this year.

Details on his successor and what it could mean for the stock just moments away.

It takes us to our talk of the tape with the looming ceasefire deadline means for the markets.

And let's bring in our panel right now.

So far's Liz Thomas, cities, Cape Moore and CNBC contributor, Stephanie Link of Hightower, a lot to talk about right here. We're going to start right here at Post 9 with you, Liz. Let's talk about what's going on in the markets today. We're seeing the markets pull back in general because oil's moving higher. A lot of concerns seem to be erupting that this ceasefire deal, it may not, or excuse me, a deal to end the ceasefire

may not be reached. Why all of a sudden, why are we all of a sudden worried about this? It seems like for the last two or three weeks, rhetoric ramped up, attacks, things happened, and nobody was that worried. Yeah, the market seems to be trading, or at least before today, perhaps the market seemed to be trading as if we had already de-escalated, we had already solved this and we were going

to move past it.

It looked through a lot of things. before today, perhaps, the market seemed to be trading as if we had already de-escalated,

we had already solved this, and we were going to move past it, it looked through a lot of

things. And I think that that wasn't necessarily the wrong way to go, but we clearly don't

have a definitive resolution. And because we're nearing the deadline tomorrow, and there's still

some of these anticipated breakdowns and talks.

I think the market is finally coming to the realization that, okay, maybe this isn't over yet.

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