Well stocks pulling back after Fed Chair Jay Powell said he doesn't think a rate cut in March is likely

The 10-year yield dropping below 4% today too that's a score card on a Wall Street, but the action is just getting started

Welcome to closing bell overtime. I'm Morgan Brennan with John Ford.

Yeah, and the NASDAQ, the biggest loser today

is Communication Services and Tech

weigh on the index.

Health care, one of the least bad spots.

It's like pink as opposed to being red, one of the least bad spots.

It's like pink as opposed to being red, kind of flat.

Coming up, Evercore, ISI Vice Chairman Krishna Guja

reacts to the Fed's decision and what it could mean

for the recent market rally.

Plus, Qualcomm earnings are just a moment away

instant analysis of the results as soon as those numbers are released.

But first, let's bring in our market panel.

Joining us now, Charlie Brinsquoy, Vice Chairman of Aerial Investments,

and Jeff Zervos, the chief market strategist at Jeffries.

Great to have you both David Zervos. I was like, this is not right.

It's always good to have you on a Fed day.

And I think you're really good at breaking down

that intersection between the Fed's speak we get and the market reaction.

So your thoughts on the fact that stocks moved lower or further into negative territory today.

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