The rally holds back to the scorecard on Wall Street but winter stay late

welcome to closing bell overtime I'm John Ford with Morgan Brennan

coming up on today's show fun strats Tom Lee who has been riding the bull train

all year breaks down the push to new highs

and where he sees markets heading next.

Plus early open AI investor, Vino Kosela on his top AI predictions for 2024 and beyond.

And we will get a good read on the consumer and the housing space when

Costco and Lenar report results this hour.

But first, stocks finishing the day higher again as the Fed-fueled rally rolls on the

Dow at a fresh high today.

Small caps getting another big boost today and check out the 10-year yield it's now

firmly below 4%. It's been a huge move

lower. Mike Santoli joins us now to break it all down. Mike, where to look first?

I tell you, Morgan, sometimes the day after a Fed meeting even one that

creates a strong market response you sometimes have a little bit of a rethink

and maybe we over-did it and maybe we we misinterpreted something and not

not really today.

Today was just more of an extension of the reflex move yesterday in response to essentially

very dovish message, one that confirmed a lot of what the Fed has been saying.

But the reaction to the bond market today, almost too dramatic,

you might say, you know, crashing 10 year yields below 4%, 2 year really falling apart, the dollar

heading lower in a really sharp way. So all that stuff says the market was at least to some

...