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

This make-a-break hour begins with this rally back and whether you can really believe in it.

We'll ask our experts over this final stretch, another strong day for stocks.

Show you the scorecard here with 60 minutes to go in regulation.

We're sharply higher across the board. We can call it the highs of the day. We're just about that right

now. Some relief from the labor market today is the

jobless claims came in lighter than expected and that eased some of the concerns about the state of the US economy.

Yields moving higher today, the 10 years back at 4%,

all of that suggestive of some kind of relief. is 399 we'll call it for all S&P sectors positive on the day as well

Gaines are fairly even across the board so it's a nice broad day of gains mega cap tech among the spaces that are jumping today

we'll show you some of the names there Apple Amazon and video among them

and video up near 6% financial stocks having a pretty good showing as well. We can show you some of those

JP Morgan Goldman and Morgan Stanley the big winners. Some other single stock

standouts include Palantir on the back of its earnings and guidance. Eli

Lily is popping after its own

own results today.

There's that stock good for almost 10%.

And how about Under Armour?

We don't talk about it all that often.

There is reason to today though.

Up more than 19%. That's the best day since 2018 and that's after turning a surprise profit.

It takes us to our talk of the tape, the state of the markets, whether it is time to buy the dip or prepare for more intense volatility ahead.

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