That bell marks the end of regulation. The Congressional Medal of Honor Society ringing the closing bell to New York Stock Exchange.

DigiNex Limited doing the honors at the NASDAQ. It's a rebound rally as tariff pressures eased slightly.

And services data comes in ahead of estimates ahead of key jobs numbers tomorrow and Friday.

That's the scorecard on Wall Street, but winners stay late. Welcome to closing bell overtime. I'm John Fort.

Morgan Brennan is on assignment today. I have this hour former Boston Fred President Eric Rosengrin

on the tariff impact on the economy, and the one thing he says could sharply raise the risk of

economic stagflation. Plus, former Ford CEO Mark Fields weighs in on the breaking tariff news this

afternoon about a temporary exemption for automakers, and we'll get earnings results from key

software names, MongoDB and Z-Scaler, along with chip company Marvell and Victoria's Secret.

We'll bring you those results as soon as they cross, But we begin, of course, with the market.

Regaining ground today, but still looking at losses for the week. Joining us now is Vital Knowledge

founder, Adam Krista Fulie and Wilmington Trust, head of investment strategy, Megan Shue.

Guys, good afternoon. Adam, we got one more trading day, full day before the jobs report.

ADP suggests a weak environment

as does the Intuit small business index we brought you here on overtime yesterday if we get

weak jobs on Friday is it bad news good news because the Fed might cut sooner or is you

know bad news bad news with the unclear impact of tariffs,

the Fed may be less likely to cut?

I think it's, you know, it's a great question.

We've definitely had a lot of indications over the last couple of weeks that the economy is clearly slowing.

You know, I think if you were to get a really bad jobs report, it could be a positive, not

so much for the Fed, but in that it could temper some of the tariff agenda. So we had a brief

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