Big Tech, big gains, as the major averages finish higher on the day and for the week we've got new records for the S&P, the Dow, and the NASDAQ 100.

That is the scorecard on Wall Street, but the action is just getting started.

Welcome to Closing Bell overtime.

I'm Morgan Brennan with John Ford.

Yeah, Meta-giving Communication Services

a huge boost, closing up more than 4.5%

on that sector, the social media giant closing at a record after a huge earnings

beat and announcing its first ever dividend.

Needham's Laura Mountain remains one of the few analysts on the street with a cell rating

ouch on the stop coming up she's gonna defend that call yes

plus deputy treasury secretary Wally Adeamo joins us exclusively to discuss the better than expected jobs report inflation and so much more.

Bob, first let's get straight to the market action.

Joining us now is Unlimited Fund CEO and CIO Bob Elliot and

FS Investments chief US economist Laura Raim guys happy Friday Bob with a jobs report this strong and the Fed already inclined not to cut in March

it doesn't seem like there's anything to throw them off of that game right now.

The convention of wisdom, I guess would be that it's bad for bonds.

But is it really, like if you're holding for more than a couple weeks, a couple months, we sort of know where the direction overall is most

likely to go.

Well, that's right, but the question is what's priced into the market and we still, we've moved

from December where we had almost seven rate cuts over the

course of 24 priced in now we're closer to five which is you know movement in

terms of pricing out the significant rate cuts that had been priced in. But remember the Fed was at

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