Chair Powell saying the economy is on firm footing, consumer spending resilient.

Conditions appear to be stabilizing in the labor market and that the Fed is, quote, well positioned to determine our next move on rates.

I thought it was notable that the very first question of that news conference was on why he attended the Lisa Cook hearing before the Supreme Court.

He said he did so because it is perhaps, quote, the most important legal case in the Fed's history.

As for other questions about politics on the subpoenas related to the investigation, wouldn't expand on that at all.

This is really about the economy and what we did today, and he certainly

did his best to bob and weave, if you will, around anything of the political type of question

that he did get. Welcome to the closing bell. I'm Scott Wobner here at Post 9 at the New York Stock

Exchange. We will check the markets, of course, as we progress here in the final stretch.

Stocks are somewhat muted today following the statement and then that news conference.

The S&P, though, did hit 7,000 for the very first time ever earlier today, and that is obviously notable.

Rates moving up just a little bit, particularly the two-year after no move today,

and perhaps uncertain about what the road ahead is for interest

rates. The dollar up a bit and it's been down certainly at four-year lows. Gold and silver have

been running a lot and that trade is still on. Look at silver up more than 8%. We do have mega-caps

on tap with their earnings after the bell in overtime, and we're going to walk you up to that as we always do.

We are going to begin, though, where we always do that.

And that is right when the Fed Chair is done, we welcome in Jeffrey Gunlock.

He's the double line founder, the CIO and the CEO.

Welcome back.

It's nice to see you.

Nice to be back again, Judge. This is our 41st post-pressor interview.

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