Well the markets just closed and stocks taking a breather today. That is the

scorecard on Wall Street, but the action is just getting started. Welcome to

Closing Bell overtime. I am Morgan Brennan with John Ford. We are just moments away from key reads on the chip sector and the

consumer when we get earnings from Micron and Lulu Lemon. We're going to bring you

those numbers and analysis as soon as they cross.

Plus we're going to break down today's Senate hearing on the collapse of Silicon

Valley Bank with former FDIC chair Sheila Bear, who has been sharply critical

of the government's response.

But first let's get straight to the market action.

Joining us now is bespoke investment co-founder Paul Hickey.

Paul, great to have you today.

I want to get your take on the chop we did see in the market here with the major averages ending the day lower,

yields popping a little bit, and really tech and communication services,

some of the biggest leaders in recent days and recent weeks under pressure.

Yes, I think just like what you said, it's a reversal of what we've seen over the last couple of weeks

here, partial heading into the quarter, people getting positions in check.

But you know, the choppiness today... quarter, people getting positions in check.

But you know, the choppiness today,

it just reflects the lack of certainty in the market.

I mean, we always, people will always come out and say

it's an uncertain environment, but I can't remember in several years the last time

when you could make a credible argument for the Fed to hike rates, the pause or or even cut rates.

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