And welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

This make a breakout begins with this resilient stock market.

Another sticky read on inflation failing to do much damage if any today. Fed Chair Powell speaking over in Europe well he

called today's PBI report mixed instead of hot which means all eyes now turn

to tomorrow morning CPI for even more clues on what the Fed might do and when. With all of that as the backdrop today, stocks aren't that far from new highs. In fact, we've got a little bit of a surge here as we come on the air in this final stretch. S&P 500 right now is only about 10 points away

from a new closing high.

We're gonna ask our experts over this final stretch,

including that man right there.

Fun stretch, Tom Lee, where this market is likely to go

in the months ahead.

He's gonna join us in just a few.

Let's look at the scorecard with 60 minutes to go in regulation

because it's been a pretty broad day,

way more up volume than down.

I should point the NASDAQ to, look at that, 16,608.

That would be a new closing high.

There's the S&P, I told you, we're nine points away and we're going to watch it closely over this final stretch.

How about those meme stocks? Well, they're off to the races again. Game Stop, AMC,

BlackBerry, and others catching quite a bit today and tech it is outperforming

on a day when yields are mostly lower the rustle up now 1% as yields continue to fall

and stocks continue to rise it takes us to our talk of the tape. Is this still a stay-the-course bull market about

to take its next leg higher? Let's ask our panel, Liz Young is so far as head of market strategy.

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