The Fed cut rates a quarter point, which the market liked.

Chair Powell cast doubt on another rate cut in December, which the market didn't.

The NASDA closing at a record high, though NVIDIA continuing its gains up 14% in a week,

more than doubling off the April lows.

It peaked above a $5 trillion market cap for the first time, first company to do it.

Caterpillar contributing nearly 400 points to the Dow's gain

after reporting better than expected earnings and revenue. The company is saying it saw strong

growth in its power generation unit thanks to the boom in data center construction. And some of the

Dow names offsetting the positive impact though of Caterpillar and Nvidia, Boeing, United Health,

Visa and McDonald's. Bloom Energy, another big AI winner, beating on earnings and revenue, creding, quote,

surging demand for electricity driven by what else AI.

And check out the yield on the 10-year note, rising back above 4% after the Fed decision,

and gold prices lower once again today.

Well, that's the score in the Wall Street.

Welcome to Closing Bell Overtime.

I'm Morgan Brennan, along with John Fort.

We have an incredibly busy hour of earnings coming up.

In the next few minutes, we're going to get reports from three of the MAG 7.

Microsoft, Meta, and Alphabet, total combined market cap exceeding $9 billion. The three of them make up 14% of the S&P 500. And if that's not enough for you, we're also going to hear from Starbucks and Chipotle. A host of other names we're watching as well, including Service Now, eBay, MGM Report, Resorts, Carvana, and KLA. And there was also a Fed decision this afternoon. The Fed cutting rates are quarter point.

We'll talk to Jeffries David Zervos coming up.

And now let's begin with our market panel here to help navigate earnings.

The Fed and record highs, High Tower Advisors, chief investment strategist,

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