The bell is bringing end to the training day at the NYSC Copper's Holdings.

And at the NASAC, it is Black Rock in honor of a new Ethereum ETF.

Welcome to closing bell overtime.

We're live from Studio B at the NASAC market site.

I'm Melissa Lee along with Mike Santoli.

Sox mostly lower today as President Trump tries to ease concerns about the Iran war.

And Jay Powell eases concerns about a Fed rate hike. Much more in the market straight ahead.

Our markets team is all over today's action. Christina Partseneville is on the market movers,

Pippa Stevens on oil as it settles above $100 a barrel. Amin Javers has more on those comments

from the president, plus Eunice Yuni, live from China this hour, on the potential ripple effect

of soaring oil prices. So, you know, Melissa,

I guess marginally oversold conditions have not been enough. And so everybody looks at the,

at the tape and says, need more extreme extremes. You have to have a little more damage done,

a little more indiscriminate selling. Daylight today I'll get you there, kind of. But it's interesting because rally attempts get knocked down and we can't really embrace lower treasury yield. So it's still kind of uncertain footing here. Yeah, and the volume has been light, which has been the trend. But the action has been, for the past three sessions, not good. We sort of closed towards the lows of the session on light volume. Sort of listless, but again, to your point, not able to lift itself up. And we did see some massive flip-flops within the day, within semiconductors, for instance. Oh, yeah. I took a look at Seagate at the beginning of the session. It was up as much as 5%. Finishing the day lower by 5%. Yeah. I mean, that is quite a reversal. Yeah, I mean, I think you can squint and say, hey, look, the alternative asset managers were up and banks were flat, and maybe that means that the things that got hit earliest are getting some relief, and that, again, is the process rolling forward in terms of this correction. On the other hand, it could just be kind of mechanical reshuffling around. But the bond market move, I mean, in terms of this correction. On the other hand, it could just be kind of mechanical

reshuffling around. But the bond market move, I mean, in terms of yields finally, you know,

responding to the idea that there could be a slowdown, that was an interesting sort of change

in the pace of the... Pretty dramatic on the charts, if you look from like midday Friday.

Yeah. Really sharp declines in the yields. Absolutely. Well, let's get to Christina Parts of Nevelis now. As those once hot AI related names continue to sell off, Christina. Well, we're getting, closing out one of the biggest unwind days of the year when investors really dump the stocks that have been running the hottest. Those fast-moving momentum names, that's why we have

the momentum ETF up right here, are seeing some of their worst moves in quite a while.

These are companies that tend to swing with the markets.

And you talked about the unwind.

Perfect example.

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