That's the end of regulation.

FM Investments ringing the closing bell at the New York Stock Exchange and Black Rock

doing the honors at the Nasdaq.

A big rotation day for the market as the Nasdaq pulls back, snapping a seven day win streak,

small caps surging more than 3% that is the scorecard on Wall Street but the

action is just getting started. Welcome to Closing Bell overtime, I'm Morgan Brennan with John Ford.

And coming up on today's show, Tesla breaking its winning streak in a big way today.

Sinking after a report said the company was pushing its much-hiked robot taxi event

two months from August to October.

We're going to talk to the analyst who told us on Friday to watch out for headline risks

around that event.

Plus, a recession warning.

We're going to talk to former Fed economist and inventor of the

Somme rule Claudia Somme about why she says Friday's jobs report triggered a red flag

for the economy and we'll talk about the banks turning in a strong session

today ahead of earnings tomorrow from city,

J.P. Morgan and Wells Fargo.

But first, a cooler than expected print, changing the narrative of this market

specifically with yields, with inflation and the CPI report, yields pulling back sharply,

big tech names like

NVIDIA Apple, Microsoft and Meta,

all dragging the NASDAQ and the S&P 500

...