All right, guys, thanks so much. Welcome to closing bell. Scott Wapner live from the Post 9 here at the New York Stock Exchange.

This make a breakout begins with the messy mag 7. Those stocks in retreat lately, NVIDIA's earnings not doing much at all to change that.

In fact, most of the names are lower this hour. Invidia almost at the lows of the day.

It was down more than 6% a few moments ago. We're going to ask our experts over this final stretch when that tech trade, especially from the mega caps, might get some traction back.

In the meantime, we'll show you the scorecard here with 60 to go in regulation.

Did have a spike in jobless claims today.

A dismal read on housing or tariff talk in Washington.

All of that hurting the markets today.

Tech and discretionary among the worst sectors.

Airline stocks, a pretty big drag there,

and something to keep an eye on.

It does take us to our talk of the tape,

whether the momentum that sent stocks to new record highs

just over a week ago is fading and fading fast.

Let's welcome our panel.

Anker Crawford is with

Alger, Joe Taranova with Verdis, a CNBC contributor. They're both here at Post 9,

and it's great to have you. All right, Anker, I mean, why is NVIDIA down 6% now?

Well, it really shouldn't be. I think they reported and guided actually better than people's expectations.

The only nitpick would be the gross margins. And quite honestly, that had been telegraphed

from almost three quarters ago. So I think it's down more so because the jitters in the market

versus it being invidia specific and there is a rolling

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