A rally for stocks today with the Nasdaq finishing at its best levels or having its best day in just over a month.

That's the scorecard on Wall Street. The action is just getting started.

Welcome to Closing Bell overtime. I'm Morgan Brennan with

John Fort coming up on today's show. Investor Bill Nygren opens up his

value playbook for the second half. We're gonna talk about his top picks and

some familiar names that he likes at these current levels.

Plus Alphabet, catching its second downgrade this week as Bernstein takes the stock down a notch.

Setting a variety of headwinds, we will talk to the analyst who made

that call. Let's start with today's action though solid rally across the board.

It was led by the Nasdaq as we just mentioned and joining us now our venue

Krishna head of a US equity strategy at Barclays and David Doyle head of economics at

Macquarie. Good afternoon to you both. Van Nu, I want to get your take on this.

Yes, we saw the Tech Heavy Nasak lead the charge today.

The S&P also finishing the day up, it looks like about 1.1%, 4378.

Higher from here?

I think it's going to be more of a range bond market. We like tech, we like the AI players specifically,

but that said, we think the risk reward is asymmetric.

It's difficult to make the case for a lot more upside,

but macro uncertainties mean that downside

is still a meaningful risk.

Okay, Venue, I mean we got some strong data.

We're stronger than expected data this morning,

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