Welcome to Closing Bell, I'm Scott Wotner live from Post 9 here at the New York Stock Exchange.

And this make-a-break hour begins with the first moment of truth for the tech trade.

Tesla and Netflix reporting earnings in less than one hour from now with so many

rally hopes hanging on the

NASDAQ's most important names and it all comes with the markets as you know

already on edge your score card with 60 minutes to go and regulation has looked

like that for much of this day.

The major averages in the red under pressure for much of the session is all eyes turn to

the bond market.

The 10 year yield tops 4.9. It's sitting right at that level, but we have

yields on the move higher all day. It is a new high for this cycle as well. You throw

an oil rallying because of the war in the Middle East and obviously

it's been a lot for investors to deal with banks well they're weaker Morgan Stanley

suffering its worst one day performance in many years look at the stock down more than

seven and a third percent after earnings

transports downright ugly names like United Airlines J.B Hunt trading poorly

as well and as for tech well it's a bit of a mixed bag.

Yields popping, some we're trying to be green,

but most have now turned red.

As we begin the final stretch, it does take us

to our talk of the tape.

What today's key earnings do mean for the hopes of a year-end

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