The bell's bringing in to the trading day at the NYC, the NYSD International Retail Forum, ringing the bell, and at the NASAC, it's Crescent Biopharma. Welcome to closing bell overtime. We are live from Studio B at the NASAC market site. I'm Melissa Lee, along with Mike Santoli. The three major averages all higher today, small loss for the Russell, eight straight up days for both the S&P 500 and the NASAC, and once again,

new closing highs.

InVidia having its best day since February, it's announcing a new AI chip from Microsoft Windows PCs,

Microsoft also gaining.

Those are only two Mag7 names higher today, though.

That's also helping the PC trade continue its run.

Dell up another 10%. Both the

HPs also gaining Gilda Packard Enterprise earnings due out in a few minutes. Software names continuing

their gains. Oracle up about 10%. Octa, Datadog, MongoDB, all up significantly as well.

Does it matter if the Iran talks are continuing? Does it matter if oil's up

6%? As long as a tech trade works, Mike, that's all that matters. It doesn't really matter in an aggregate way, although what's interesting is intraday, you see the sensitivity to it within a range, right? I mean, oil did finish off of its highs, yields did come in a little bit, but it really is a side show to what's really going on here.

And it was, InVidia Microsoft enough to keep

the S&P positive on the day. More stocks were down than up. So you do see, again, more of this churn below the surface. 7,600 on the S&P. We tagged that. And, you know, we'll see if that means it's a kind of a culmination here. First day of the month, sometimes it's a little bit noisy in terms of the market action. That's a good point. It feels a little grabby. We were talking about IBM shortly before the show in terms of the pop. Yes, there's a lot of quantum news out there. Quantinium, also going up public later this week. But for IBM, it was this viral video circulating on X. It's six months old.

That's right. That initially caused the power. Of the president, uh, kind of with a nice gesture

toward the CEO of IBM. I feel like that speaks volumes about where we are. It does. And you've

seen it roll through, for example, I noted earlier this morning Virgin Atlantic shares.

Right. Symbol SPE likes, almost like SpaceX, was surging. And so, yes,

you do see the froth kind of churning around. You see it in the options data in aggregate,

though. It kind of offsets against a lot of weakness in kind of main street stocks at this point.

Well, the other big story for the market today, a big jump in the price of oils.

We mentioned some comments from President Trump to our Aymann Jabbers.

But oil prices then reversed a bit as the president seemed to reverse himself in a social media post.

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