Well there you have it the S&P 500 closing above 5,000 for the first time.

5026 it looks like that's the score card on Wall Street but the action is just

getting started. Welcome to Closing Bell overtime. I'm Morgan Brennan. John Fort is

off today but encouraging earnings and inflation data sending the benchmark

index to a record close. The tech and consumer discretionary sectors, the top

performers today, every major

stock index higher on the day and on the week except for Dow

industrials. Coming up, 314 research, Warren Pies on why he says a

pullback from these historic levels would be a buying

opportunity.

Plus E. Toro's US CEO on how retail investors are putting their money to work in this

market and if they have been cashing in on are putting their money to work in this market.

And if they have been cashing in on crypto's big run,

we had a big run there this week.

Thank you.

All right, we're gonna go to Mike Santoli now

for a look at this, I'll call it a historic moment because 24 hours ago, 23 hours ago, you said this is what you watched today, the close.

Exactly, Morgan.

So closes are more important than intrad day levels and weekly closes for a lot of people

are more important than a daily close.

So pretty much the market continues to tick off these boxes.

It's acting like a bull market, which is to say it's managing to seize upon the good news.

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