Closing at session highs a record close for the Dow Industrial is hitting 37,000 for the first time ever after a Fed policy pivot.

New 52 week highs for the S&P and Nasak 2, the S&P finishing right above 4,700.

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 Fort.

And coming up this hour, we've got reaction to the Fed

and the market's big rally. We're going to talk to David Serboz from

Jeffries and Christian Guha from Ebercore for their first takes on the Fed's

path and the market's path forward.

Plus, a rare cannot miss interview with investor Samantha Macklemore,

who worked for two decades with Bill Miller before starting her own shop,

will get her top value picks to buy as

stocks do scale to these new heights. Let's get straight to the Fed decision and the

big push hire for stocks during a chair pal's news conference though sending the

dow to a record joining us now is Jeffrey's chief market strategist David

servos and cn NBC senior economics reporter Steve Leisman who was in the

room with pal so Steve we're going to start with you because I heard you

talking about it in programming on the last hour. The fact that this does seem like Powell and the

Fed moving towards a policy pivot.

Pivot, a pirouette, I don't know exactly the word is Morgan, but it's definitely a change.

I thought he might have held the line a little bit for another month perhaps, but I think perhaps two things happened that the data made it untenable for him to stay quite so hawkish as he was.

For example, just a couple weeks ago in an interview that he did.

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