Stocks mostly higher throughout today's session, but falling off their best levels of the day following the release this afternoon of the Fed minutes.

This is the make or break hour for your money.

Welcome everyone to Closing Bell, I'm Sarah Eisen.

Take a look at where we stand right now in the market.

There's the Dow, it's up 63 points or so S&P 500 holding on to a gain of 6 tenths of 1%.

The group's today leading for a change, you've got real estate in the lead also consumer

discretionary is having a good day materials financials second day in a row doing well what's not working energy

consumer staples in health care those are your three defensive sectors consumer staples in health care. Those are your three defensive sectors

consumer staples in the red. Chart of the day it's Microsoft at the bottom of the

Dow after UBS downgrades the stock to neutral from buy, citing Azure and Office Risk.

It's taking 75 points off the doubt.

We're going to talk more about Microsoft later in the show.

Also ahead today, Cowan CEO Jeff Solomon will join us with his outlook for

M&A in 2023 and what he says needs to happen to jumpstart the sluggish

IPO market. Plus we'll talk to Moody's analytics chief economist Mark

Zandy about today's job cut news at

Salesforce and other tech spaces and the broader trend of layoffs right now

where the job market stands. First up let's get straight to the market dashboard

with senior markets commentator Mike Santo stand. First up, let's get straight to the market dashboard with Senior Markets

commentator. Mike Santoli, what is on your radar as we just actually took a

little like higher? Now it's only energy in the red. So that rally, as you said,

had some of the starts taken out of it by the Fed minutes

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