The bell is bringing it into the trading day at the NYSC MVVO art and at the NASDAQ,

it's Community Bank Corp ringing the bell.

Welcome to closing bell overtime, live from Studio B at the NASDAQ market site.

I'm Mike Santoli. Melissa Lee is on assignment.

Well, stocks closing lower across the board, but once again, the major average is finishing well off the lows of the day,

as President Trump aims to ease fears about the straight or four moves. The S&P 500,

briefly getting below its December low. That was at 6720, before bouncing back by more than 100

points over the course of the rest of the day, more on the markets just ahead. Our team is all

over today's action. Pippa Stevens on the big move in oil following those comments from the president. Rick Santelli tracking the bond market and the dollar as well. And Amin Javvers is on everything coming out of the White House. But we start here at the NASDAQ with Christina Parts and Nevelas digging into another big intraday bounce. Christina. Yeah, it was definitely a wild session on Wall Street. The Dow down, what, 1,200 points at its low, recovering to close just about 350 points lower after President Trump announced the Navy will escort oil tankers through the Strait of Hormuz, if necessary. And the whipsaw action didn't stop today. We saw it yesterday, but today names like Apploven, Akamai,

Workday, all moving more than 7% off of their intraday lows alone. Software has been

beating chips, semiconductors, every day since last Monday. That gap is now the widest on record

going back to 2001. SMH and IGV are the greatest examples for that. Elsewhere, materials,

industrials, energy among the worst performers, but did swing off of their lows earlier today.

Money, rotating out of gold and silver into energy and the dollar, dragging down names like

Newmont, Freeport and Albumo down roughly 4% around across the board.

You can see almost 4% or more.

Travel stocks also big movers off their lows, especially Delta, United Airlines, Royal Caribbean.

And last but not least, financials.

The only S&P sector took close near flat.

Oh, barely.

It was flat when I came down with asset managers like Apollo and KKR the most

improved from their intraday lows, Mike. All right, Christina. Yeah, a lot of whipsaw action in there. Thank you very much. Now to the energy markets where we saw a reversal in crude prices in the last hour of trading. Pippa Stevens has that for us. Hi, Pippa. Hey, Mike. So at the high, WTI was up more than 9% before settling at

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