Right now, on fast ending on a high note, stocks surge into the clothes as a fed governor

tells our state leased that rates could be pretty close to the right level to get inflation

under control.

Coming up, we'll dive into the markets next move, plus an earnings addition of trade

at our fair that we've got far more defense, transportation, and a once mighty electric

company on our list, buckle up for this battle royale, and later Goldman's less than

gold and weak from an earnings disaster to a slumping stock reports now of a probe by

the federal reserve will go inside the battered brokerage firm.

I'm Melissa Lee.

This is fast one.

We're live with the Nasak Market site on the desk tonight.

Courtney Garcia, Dan Nathan, Jeff Mills, and Steve Grasso.

We start off with a fed field late-day rally on Wall Street, the S&B climbing yearly 2%

closing around its highs of the day.

The Dow up more than 330 points, both indices snapping a three-day losing streak.

The Nasak leading the pack surging more than two and a half percent, those gains helping

the tech heavy index notch its third straight week in the green.

The rally coming after Fed Governor Christopher Waller said he favors a quarter-point rate

hike at the central bank's next meeting.

He added that we may be, quote, pretty close to where rates are sufficiently restrictive

to control inflation.

So does this erase any doubt the markets may have had over the Fed's path forward?

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