Well, stocks starting the week with losses as Treasury yields moved higher and tech the sole

S&P sector to close today. In the green, that is the scorecard on Wall Street, but the action's just getting started.

Welcome to Closing Bell overtime. I'm Morgan Brennan with John Ford. Yeah and a lot of

red across the board although we are well off the lows of the session.

Energy, materials, and utilities leading the market lower while as Morgan

mentioned tech keeps out performing.

Speaking of tech, synopsis,

35 billion dollar purchase of ANSIPSIS, one of the largest tech deals and years

if it goes through. Coming up we're going to speak exclusively with the

CEO of synopsis about what this proposed acquisition means for his

company's growth. And we are just moments away from interactive brokers

earnings Chairman Thomas Petterfei

will break down those numbers for us before he speaks with analysts on the

conference call. But first, let's get more on today's sell-off. Mike Santoli

joins us now from the New York Stock Exchange.

Mike, it was really some of those big cap tech names

and semi names, AMD in particular,

that really outperformed the market today.

How much does this speak to the rotation back

into what works at least at the beginning of last year

again now as we start this new calendar year?

Yeah, it seems as if Morgan the market does sort of want to find something as a defensive

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