The bell is bringing an end to the trading day at the NYSC.

Donaldson, ringing the bell and at the NASDAQ.

It's SPS Commerce. Welcome to closing bell overtime. We're live from Studio B at the NASAC market site. I'm Melissa Lee along with Mike Santoli. Stop's closing higher with huge rebound. The Dowdown, nearly 100 points. It was off 600 points at the lows of the session. The SP500 and NASAC both higher. both were down more than a percent. The Russell, the top performer, up a little less than a percent. Our market's team is all over it. Christina Parks and Nevelas looking at the stocks, bringing us back. Pippa Stevens on the energy impact, Rick Santelli on the bond market, and Amy Javvers has the latest from the White House. And Melissa, it's interesting.

The low for the S&P on the day was the opening tick.

It basically went down a little more than 1%.

You kind of held there.

That's above last month's low.

That's above the January low.

And it seems as if just oil going up to sort of the upper end of this range

where it's been for the last year and a half,

just not enough to get investors to say something decisive had changed in the macro setup.

Right. And so you saw the trades that were immediately triggered by higher oil prices

lay out in the market. It's a very straightforward market reaction in terms of, you know,

oil stocks going higher, defense stocks going higher, consumer-related

names on the fears of inflation going lower.

Homebuilders going lower on inflation fears plus yields ticking higher.

So it was all very linear.

Exactly.

I think the question might have been, would the market just use this as an excuse, piled

on top of AI fears, piled on top of a little bit of a growth scare, piled on top of, you know, some of the erratic volatility we've seen in Bitcoin and elsewhere to say, okay, we finally need the flush. We finally need a broader pullback. Didn't clearly did not happen. So you still see things like, you know, new lows are piling up on the NASDAQ. There's parts of this market that are definitely getting washed out.

But in general, nope, we're just rotating in the same range. And today, once again, I keep counting the number of days we crossed 6,900 in the S&P. It's still 40 plus percent of all days this year. We just crossed that line. You did see some willingness, though, to go into sectors that had been beaten down. Software is notable because it was on very heavy volume and moved higher, as well as regional banks.

Totally. And, you know, even crypto did bounce as well. So you do see those areas where people decided where there was damage. Even the bigger banks got a bid and, you know, some of the private credit proxies as well. So we can get into all of that, but it does just show you that this muscle memory and this instinct to rotate and not retreat still in play. Yeah. Let's get more on the individual socks contributing to today's market rebound. Christina Parts Nevelist joins us with that. Christina. Thank you, Melissa. Well, Mega Caps really bounced hard after traders quickly moved past the U.S. strikes in Iran.

...