All right, Kelly, thank you. Welcome to closing bell. I'm Scott Wapner live from Post 9 here at the New York Stock Exchange.

This make-or break hour begins with high intrigue in Washington.

Less than one hour from now, President Trump will visit the Federal Reserve Building the first time in almost 20 years.

Such a trip has taken place. It comes as the President escalates as the tax on Chair Powell's interest rate path.

In the meantime, and we're going to follow that, but let's follow the markets too. They've been

mixed throughout today's session. Stocks are reacting to a host of earnings reports, including,

of course, those reports from Alphabet and Tesla. Semis, they're outperforming on Google's bullish

Kappex numbers. IBM bm though sharply lower today

after the company's outlook fell short of expectations airlines are lower after southwestern

american both cut their outlooks and chipotle on track for its worst day since 2017 after cutting

its same store sales guidance it does take us to our talk of the tape the road ahead for the fed

and that battle between the president, the road ahead for the Fed, and that

battle between the President and the Fed Chair. Senior economics correspondent Steve Leesman

starts us off today in what really is an almost unprecedented move, not fully. We say it's

been 20-some years, Steve, and it's going to take place within the next hour or so. What should

we take from this, do you think? Well, certainly, Steve, and it's going to take place within the next hour or so. What should we take from

this, do you think? Well, certainly, Scott, it's unprecedented in the sense that we do not

believe a president has ever visited the Fed to inspect their construction site, which is what's going on.

And certainly to highlight an issue about whether or not there was mismanagement or unwarranted cost overruns in the renovation of this building.

The Fed insists there have not been that there were extraordinary circumstances like the need to lift the building to take lead out from underneath it and other issues regarding the water table.

But what's really happening, I think, are three things, Scott, is that, first of all,

the president, I believe, is trying to deflect from other issues going on in Washington that he

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