All right, guys, thanks so much. Welcome to Closing Bell. I'm Scott Wapner, live from Post 9.

Right here at the New York Stock Exchange, this maker breakout begins with today's market rebound.

Let's take a look at the score guard now. With 60 to go in regulation, the major averages are all higher today following the president saying talks have happened with Iran.

A few other details, good enough though, to send stocks higher into a relief rally. Let's

call it that for now. Consumer discretionary names, they're showing that. They're all higher.

Airlines and cruises are as well, and they needed a lot of relief, and that's why that

bounced back looks the way it does today. How about the chips? Also showing some strength,

especially the chip equipment names like Lamb Research and Applied Materials and KLA 10 Corps.

Given today's news, we will begin in Washington for the very latest with our own Aman Javras.

Hi there, Amin.

Hey there, Scott. President Trump told reporters today that his administration is in contact with Iranians,

who he says are very representative of the country in talks that went late into Sunday evening.

And as a result, he said that's why he's suspending his own deadline of today for the bombing

of Iranian power plants offering a five-day extension on that deadline.

And he said he's considering a post-war power sharing arrangement

with a new Iranian government for sea traffic through the state of Hormuz. Here's what he said.

We are now having really good discussions. They started last night a little bit, the night before that.

And I think they're, you know, I think they're very good.

They want to, they want peace.

They've agreed.

They will not have a nuclear weapon, you know, et cetera, et cetera.

But we'll see.

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