The bell is bringing in into the trading day at the NYSC, the 2026 NYSC Space Summit, ringing the bell, and at the NASDAQ, Erickson, doing the honors. Welcome to the closing bell overtime. We're live from studio at the NASDAQ market site. I'm Melissa Lee, along with Mike Santoli. Sox, a little change today, but that's still a record high for both the S&P 500 and the NASDAQ. We'll have more on today's big stock movers.

Including a look at the amazing run for Intel this month.

Is momentum carrying it away?

And we'll get you set for $15 trillion worth of big tech earnings do this week.

And several big pharmaceutical names also will be out with results.

Starting the week, really just trying to stay

out of the way, stay in balance, to some degree, really on neutral footing ahead of all this

news that we have out there. I guess you could say we sort of absorbed a little bit of cooling off

in the semis, although without NVIDIA's gain, the S&P's negative for the day. So it really was kind of nip and tuck out there. Banks did get a little bit of a bit. I think it's all about, you know, the bull case is that even though the S&P has gotten to new highs, valuations are not back to where they were, because earnings growth expected has gone up so much. That doesn't mean we have to go back to those old valuations

because you could have said those valuations were anticipating the earnings growth.

But I think that's what we're about to find out this week.

It didn't feel surprising that it felt like we were treading water today.

But what's surprising to me was sort of the willingness to bid higher the AI scarcity trades.

Yeah, for sure.

Specifically, Intel moving higher, as we mentioned,

as well as the memory names, some of the energy providers, the on-site energy providers,

like a bloom in an Oakland, like the things that are going to provide, the backup power.

All that was higher still, even ahead of earnings.

It does feel continually like there's just this narrow channel of belief, and outside of that, everyone's a little bit hesitant because oil was up a little bit. And, you know, even consumer cyclicals continue to really lag in this whole thing. It's a CAPEX, not a consumer-driven market for the moment. Let's get to the markets as one closely watched index snaps along winning streak. Christina Parks

Nevelis joins us with more. Well, let's start first with the S&P 500 closing at a fresh

record high, but gains were capped as stalled around peace talks and escalating tensions at

the in the Strait of Hormuz actually lifted oil prices. It wasn't enough, though, to

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