Boy, what a reversal. Welcome to Closing Bell. I'm Scott Wopner, front and center this hour.

It is a reversal of fortune for stocks after the hotter than expected jobs report sends the

S&P sliding only to stage a comeback as interest rates hop off the hot burner.

Here's your score card with 60 minutes to go now and regulation.

Well there's your intraday S&P 500.

The entire story is right on your screen right there because that's where the midday

turnaround happened just as the 10 year no yield retreats from its new cycle high.

Not hard to see what's happening.

Rates down stocks up every sector green except for consumer staples.

They've had a miserable week.

Names like Coca-Cola, Pepsi hit especially hard.

We'll focus on all the green because that's really the story today.

Nasdaq another spot to take note of today. It's the outperformer as well this week.

Even Apple up nicely despite getting that midweek downgrade a strong week for alphabet and

invidia as well take a look at those three having pretty good gains leads us to our

talk of the tape whether the storm clouds for stocks are about to pass as

earning season kicks off in earnest next week. Let's ask Tom Lee

Funstrats co-founder and head of research. Welcome back. It's good to see it's been a

while. Yeah great great to see, it's been a while.

Yeah, great, great to see Scott.

Now, I'm gonna start calling you Presient Tom.

I hope you don't mind.

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