soone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking. good afternoon, everybody. along with kelly, i'm tyler mathisen. >> apple ties into the question mark we're asking. was last week's selloff about a weak economy or about the undoing of some o /* oif /* of

of the ai hype. >> it's been busy. we dropped our son off. here's a souvenir. >> is there a pillow to cry on? >> my wife has not stopped crying. >> was there nothing reason for being out? did somebody have a birthday last week? >> i did have a birthday. >> a big 4-0. >> it's good to be home. >> big market week. first week of the year, sirat. >> the market is doing better. can the market go ahead without the fab 7 and can you get that resilience that we need, otherwise, just the big boys bring everything down. today you see that. we need a little bit of bounceback. we got a little extreme. really it's all about fed, right? where are we in terms of the

economy. >> totally. >> cpi, inflation kind of right now has been put to bed, but you never know. and then you get the other fear of deflation. i think that's where the market is at. you're kind of in the quiet period, the apple catalyst. and then you go into the election world. tomorrow the debate, and you have all the other things going on in terms of the world. >> i like what you said. can the market move past the heaviness we see at the top. let's get out to steve kovach for more on this apple event. are they still going strong? >> yes, still going strong here, kelly. getting some more details on that apple intelligence world, including something really important called visual intelligence. this is going to be an exclusive feature. if you have the iphone 15 pro even though you had the artificial intelligence of last

year's phone, you're not going to get it this year. you'll point your camera, get a lot of information about it. you point your camera at a restaurant and it can give you things like the menu there, let's you make a reservation, things of that nature. we've seen meta do it with the ray-built cameras that can identify things in the real world. openai is working on this also. it's going to be an exclusive feature to the iphone 16. what can apple do for this new lineup that can get people to upgrade. speaking of apple intelligence, just a few more nuggets of detail about what that rollout will look like. the company saying other countries, english-dominant countries like canada, that will

be coming too. and chinese and spanish apple intelligence will be coming next year, though, no specific data as to that. we're trying to gaming what this apple information is. those new airpods with the hearing aid feature and the tenth edition of the apple watch. not much to talk about other than just a nicer screen going on there. kelly. >> quickly, steve, on the hearing aids, is that one option for the airpods? in other words, you can find that embedded or not or is that a feature we can expect it on all of them? >> that's for the airpod pro. the regular models, that won't have that feature, but the base model is gaining -- if you pay an extra 50 bucks, the noise cancellation that only used to be on the pro. i would not be surprised if it's

on the base model. but for now it's only on the pro. >> 549 for the max pro. they're going to successfully work artificial intelligence into a mainstream gadget. joining us to discuss that along with sirat is tom forté. welcome. glad to have you with us. you have a hold on this company, and you also see 5 to 10% ep growth. do you see any announcement that would change your rating on the stock or the growth rate of the earnings? >> what will get you more excited, tyler, is basically a rollout of apple intelligence in europe, which is about 25% of their revenue. and in china, which is about 19% of revenue.

so the overriding challenge today is to introduce new hardware to the consumer. tell them to rush to the apple hardware story hater this month to pick it up and then wait for the intelligence, wait for the software. for consumers outside of the u.s., outside of australia, outside of canada, it's going to take a long week. that's what would get me more bullish. >> in other words, people are being encouraged to go get the device, but the device isn't, shall we say, camera-ready. >> or ready for prime time, however you want to think about it, yes. so apple is promoting their hardware, but they're also promoting their software for the next lineup of iphones, and then come supers are going to have to wautd and that would poise problems. >> do you see it that way? i want it and i want it now and

they're not going to get it now? >> i would be a little suspect in the sense if you've got the hardware now, why not wait until it's proven. one of the things with apple, once they download the software, there's a glitch or here or there. they always say don't get the first one. wait for the second one. people may be looking at the christmas season and ordering it now. i guess when you hear you have 5%, 10% earnings growth, how much is based on stock buybacks versus earnings growth and revenue growth. does the "e" really grow without the denominator actually getting lower. >> and in some ways, tom, do they care? if they can make the number duo higher -- we talked to tom crockett. he sees that slow increase over time. >> it's important they generate a ton of free cash flow, they're

returning it in the form of divg dends and buying back shares, but when you look at their revenue growth and eps growth, you're looking for mid-single digits in the out year, and that's where they've been very success felt. there's a lot built into this stock as reflected in the high 20s. >> tom, you don't sound excited about this company. what would get you excited like you are excited about the locksack company? >> the gu ood news about love sack, you can see renewed strength in their sales, and they're already taking a very significant share. what's also going on is huawei's product launch. they have a smartphone with 3

million preorders. what would get me more excited other than a pullback to make the value more interesting is something that has me excited about sales trends in china. again, 19% in revenue orr solution for the eu, 25% of revenue as it pertains to apple intel intelligence. >> i was lucky enough to travel to europe, to italy. there were a lot of people who had neither an iphone or samsung phone. they had huawei and they're cool. >> it's a triphone and all that. >> they were very cool, form and function phones that they would be happy to carry around in the united states and can't. >> i think what you have to watch for is the data coming out of china. their consumers are slowing down really fast. >> apple doesn't have top five

as it is. >> i think that's going to be the hard thing to do just in terms of if apple is relying on global growth. in the u.s., yes, we're all attached to it. but the rest of the world is at snooish tom, at the risk of extending this, does apple need a difference form of phone like the huawei phone, like one of the samsungs, which is a foldable phone? it's a very skpenszive phone. there are people who love it, people who hate it. do they need new form beyond function? >> i definitely think they have to inspire the next generation apple device. i fully expect apple to have foldable phones. i expect it to be late 2025,

2026. >> interesting. >> just for a while. >> this was interest flag about the anal project. you hear about it and you hear about it and it never comes. >> we shall see. tom, thank you very much. he's the managing director and he loves love sack. >> i think they just -- >> very comfortable. let's turn now to the chips that are at the center of the ai craze. vaneck is off. if we're still at the beginning of the ai booms. a lot of attention on that. >> the generative ai trade certainly losing momentum over the past month. if you look at nvidia, broadcom, these are the companies that centralize broadware.

you see the stocks are down 22% or more from their respective e ais. and there are others. buyside interest in semi-conductor stocks has soured in recent weeks. speaking of software, the names listed under the ticker is holding up frmgts turned apairtd by nvidia. today morgan stanley iterating its margins. the bigger risk is macro. to really get the gen ai trade back in action, goldman technology teams says the market

needs clarity on three different things. further evidence that ai can be top and more. >> whatever you want to call it, a bubble, whatever you want to call it, we can call it anything, but is it a sideways direction? >> completely. you've discounted earnings for the next two or three years. it's having issues with production. and then that's a demand. for years the biggest thing we had to watch as investors win. it's did map and apple and google order too much because all of a sudden they pull back and say, oh, we don't really

need these. yes, it's a phenomenal chip, and, yes, we do own. it's done everything it needs to do. now it needs the growth of the n next leg. >> it's down over 30. >> you have to hold these stocks in your portfolio, but it's not the diversified one. >> i'm putting all my chips on. >> it's okay to own it. be prepared that the rest of the market could be up, you could be down sig snificantly. >> coming up, bulls getting set for what they ask for. now a pronounced slow down and signs of consumer fatigue are

intensifying fears that it could be too little, too late. "power lunch" will be back in a moment. we're going to taum ftalk fed i a moment. with gold bond's age renew formulations of 7 moisturizers and 3 vitamins. for all your skins, gold bond. it's time to grow your business. create a website.

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now xfinity internet customers can buy one line of unlimited and get one free for a year. welcome back. first we saw the phones and now the pricing on the new iphone 16s, i think it is. let's get back to steve kovach. steve? >> we're up to the 16, can you believe it? the price is staying the same. the iphone 16, the base model is going to be $799. the one with the larger screen will be $699. going into there, there's talks whether they would raise prices, cutting ai intelligence as an excuse to do so. they're still going over the pro

phones. there's a chance of increasing the price there. something we don't always hear apple talk about is the value, the ability to trade in your phones, work with your carrier partners. apple is now talking about how well the phone keeps up its value and gets software updates throughout the life of the phone. we're still waiting for the pricing on the top two phones, the pro and pro max which were just announced so far, kelly. >> yeah, indeed. >> steve, thank you very much. stocks jumping after last week's selloff. let's bring in mike santoli for more on what's happening and why. what's happening, mike? >> it would be very weird if we didn't start to doubt in a profound way. you do have these mixed economic messages. the market has been trying to sort out for some time. it's been a very decisive tilt

in the market. it's been going with utilities and staples and health care to a degree as opposed to hiding in the mag nif isn't 7 because they really did surrender under leadership. their premium on their growth rates is diminishing to the average stock. there you are. i think the first week of september did seem to pull forward this expected seasonal weakness and maybe had a concentrated growth scare nature to it. today, really no news. i feel like we're unclenching a little bit those concerns. maybe a rethink on that jobs number on friday, which pleased nobody in the moment. i think you can come down on the side of inflation and gdp growth. that kind of says soft landingish, but we're going to

get jitterish next week. nobody's convinced in advance especially 20 times forward earnings of the s&p. >> all right, mike. thanks very much. mike santoli. >> stocks were trying to gain some of last week's losses. what they want to see between now and then, let's ask meghan s shue. the points for a soft landing can still be made. it's almost as if the broader public is coming around to the brighter idea that that, we might be okay? >> i think, kelly, all of the points you're making are really important and e in the period of mixed economic data, which depending how you want to look at it, you can take any of

the mixed economic data and find something that can anchor you to your prior position. i think the law bore market report is a perfect example of that. but we're trying to keep our eyes wide open to everything we see. the consumer is definitely struggling in serm. consumers are starting to pull back. it's something to watch. the labor market data has been something to watch. we're also very aware that some of the economic data points we're looking at are not at the leading caters. they start to deteriorate after a recession. when we look at it in the totality of the economic data, we still see a solid overall consumer businesses that continue to hire and continue to spend, and if you have those two

things it's very unlikely that you. >> that said if we look at the market and what's going on, utilities are doing well. techs, gains look a little less exciting. when we talked a few months ago, they were bullish on tech and momentum and kind of sticking with the bullish parts of the market, do you rotate and get defensive or do you say, no, this is a by the dips opportunity? >> i think you rotate, but you don't have to get defensor. we're still overweight. we're very focused on diversifying. we still want to maintain if you're looking at sectors, the exposure to the tax sector, but we're also finding opportunities

in staples, in rae, in some of those other parts of the market that had been a little more left behind. but if you look at valuations relative to five- or 10-year history, given the recent week in techs, techs not looking all that expensive, you have financials, you have utilities, you're starting to creep up toward and above, they're by the 10-year, but some of the defensives had a nice catch jaup here. >> sarat, why don't you pose a question. >> my question to you, when you look at earnings going forward, where do you see margins improving and what sector because i think that's going to drive where the market's going to lead. and given that cpi, we're seeing prices come down, where do you guys see the biggest opportunity.

and the other side, where do you want to be, stay away from in. >> so great points. if you look at earnings compared to the first quarter where you had the four big tech companies growing by something like 125%, the rest of the market basically flat, we're looking at a much more decent distribution of the earnings growth going forward. so i think you at at you see the ability for a yield curve and much more buybacks. we're not so focused on that but maintaining a focus on higher quality companies and the companies that have the ability to maintain or even maybe expand slightly margins in a disably.

it can be a disstricz inflation target or find others, whether it's fast casual dining or those with consumer december. and can still command those hearings. >> meghan, thanks. the question would be recession or no recession? >> linear. the reason we're having these conversations is because of the sector. i don't think we're heading to a recession. we' plenty. capital markets have still spread. look at what's going on in terms

of just the hide p. what you have seen the is the two year rate come down. >> 25 or 50, what should they do? >> it's all messaging. it doesn't matter which one they're going to do. it's hey, we're ahead of this versus, oh, my god, what are we doing. >> reacting. >> it's better the other things i think are interesting as the rates come down, you're seeing two other markets. you have people reallocating out of equity because if your x pose ur is over x, wham i a femme. now you're saying do i roy p to canned tur the rates counselling out.

in addition if you still want equity exposure, you're still going to move into utilities and rates. now i'm going to say dividend stocks that increase over time. >> i've got to leave it there. bond yields close to the flat line. rick santelli, shaug, with the details. >> yes, tyler, indeed very close to the flat line. short maturities slightly higher, long yield. the one year-, everyone is comig down on it. it means at some point if it bumps up a little bit and they do ease, we're going to have

have some issues they. . in mid-202 where we had 9%, it was more. it's market following, not market leaning. until inflation ramps up, 10-year yields will ramp up. speaking of spreads, it's possible tifr. f there it sits, about three basis points positive. the that chart goes back to june of 2022. i think it's important to monitor this because there could potentially be a lot more action here, especially if your ee one of the people that subscribes to the notion of stagflation. slowing economy, stubborn inflation rates. one more thing. soft landing, everybody is talking about a soft landing,

but if you want to buy a house or insure a car or look at your electric bill, maybe soft landing needs to be modified a bit. tyler, back to you. >> thank you very much. . we'll discuss in today's market navigat navigator. that's next. f business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities.

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. welcome back to "power lunch." stocks are off session highs but still nicely across the board, 141. the nasdaq down 0.7. >> it's an interesting move. the nasdaq is specifically what we're going to focus on here, because at least one trader doesn't believethis kind of snapback rally that we're seeing today is going to have legs at all. he's looking at the future side of things to play the other side of the trade, which is the down side. joining us is jeff kilburg, the

founder and c cco and a cnbc contributor. you don't think there's a bounce and you're using the futures to trade it. what's the trade. >> you talk about buying the dip. i want to sell the rip. you're absolutely right. i want to look at september futures. i want to be a seller at 18,700. looking for a drop-down at 18,400. i'm being mindful if we could be stopped at a little higher. than 18,000 to risk it. >> what's got you a bit more pessimistic about why you think this move is to the downsoid coming up here? what has changed or not changed about the fundamental market picture? >> not necessarily pessimism. what i have is an opportunity to see. if you look at the mag 7 specifically, up about 30%

collectively year to date. the qqq is up about 100%. down about 6%, the worst since january of 2022. i think we're going to revisit seeing lower. as you revisit the tech stocks, what do people do? what do portfolio managers do? you take profits where you can. so that's why i think the move continues to be lower because the volatility will persist in the nasdaq 100. >> that's going to be the point on the whole thing. do you feel there's going to be a certain specific set of stocks, and will it be the mag 7 that drags the downside. >> in nvidia went down and now it's in no man's land. so i think until we see all the profits, all the recalibration, rotation work its way through, which we may not, up until the month of the election, i think

you have to consider it. that hedges out $375,000 of tech exposure. so retail and institutionals love to use power tools, also to speculate. that's why i want to use futures to capitalize. nothing catastrophic here, dom. i'm looking at a 3% to 5% to retest the august 5th lows. >> plenty of people talking about it. thanks. dom, thanks as well. >> thanks very much. cnbc all over the sports business, whether it's billion dollar leagues like the nba, nfl, or those on the upswing like the wnba. after the break 'lwel speak to to wnba commissioner kathy engle bert. welcome back. >> announcer: market navigator is sponsored by charles schwab. trade brilliantly.

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week. she was a recent university of washington and seattle graduate who was shot by israeli troops during a protest. the military says it is looking into the reports. the fbi says it's lost more than $5.6 billion in crypto scams in 2023. that's an increase of 45% from the year before. even though transactions are easily traceable, often the money is quickly sent overseas, making it difficult to recover. people over the age of 60 before more likely to fall victim to a crypto scam. and oil giant shell and exxon are evacuating their facilities in the gulf of mexico as tropical storm francine churns through the region. it's currently churning through the dpufl and expects to be the fourth hurricanethrough the gulf by wednesday. >> thank you very much. meantime, green arrows across the screen for the green market. thinks are also looking up for

with wnba. attendance, team sales and more are rupp due to the nice arrival of caitlin clark. increased attention comes increased issues of course. their fan bases have been very active online, debating which player should win rookie of the year. it's brought up sensitive issues including race. cathy engelbert is ceo of the wnba. good to have you here. >> good to be here. >> you were here at the start of the season right after the draft, which has been exciting. the season has lived up to expectations by almost every minute. >> exceeded them much more so. these rookies have put on quite a season.

it's not just caitlin clark and angel. have brianna in new york. we signed a long-term media deal, which was important for the stability of the league. we have a lot of upside. >> how much did the olympics help our hurt you? >> we do take an olympic break, but since we have a lot going in, coming off of that, the women, u.s. women won the gold medal, but it was a highly competitive game against france. we nailed about 17% of our players born outside the united states. so mare. i think it was a good thing to raise. i was in paris. france, belgium, u.s., france, france being in both gold medal

games, men and women, which was exciting because you had the hometown crowd. >> it wasn't just the women's basketball. it was women's volleyball, whims sports is taking off, it seems to me. >> yeah, it's a confluence of a lot of elements. we raised capital 2 1/2 years ago when no one was thinking about investing in sports. now we're getting calls, private equity. >> let's go to that question which raises some sensitivities of rivalries between players. in the case of angel reese who had to shut it down because of a wruft injury, caitlin clark who continues to play. where some trash-talking entered in. but now it seems on some social media channels it's taken a darker turn, more menacing turn,

where sexuality is sometimes introduced into the conversation. how do you try and stay ahead of that to try to tamp it down or act as a league when two of your most visible players are involved not personally, it would seem, but their fan bases are involved in saying some very uncharitable things? >> one thing that's great about the league right now, we do sit at the intersection of culture and sport and fashion and music. the wnba players are really looked at now as cultural icons, and when you have that, you have a lot of attention on you. there's no more apathy. everybody cares. ice a little bit of that magic when two rivalries came in. we have that moment with these two. one thing i know about sports, you need rivalry. that's what makes people watch. they want to watch games of

consequence between rivals. they don't want everyone being nice to one another. if someone's typing something in and you wouldn't ask their advice, it's a balance. corporate partners are stepping up to endorse these players much more so than they were before rm i agree, rivalries are good. if the economy turns sour, how does it affect your business? >> in sports, a lot of the dollars are discretionary dollars. that's why it's important to lock in deals, whether it's an immediate deal we locked in for 11 years, having that revenue stream fixed for a period of time and every economic outcome. it's scenario planning. those who have discretionary dollars, they put it toward sports, we know they go to men's

sported. >> my dad was with at a clark game last week. people have season tickets 90 minutes away and are staying there, putting all of those ecodollars into the smg to camp the phenom. >> what's different? i think the tens of millions of fans brought into the game. it's all good again. i think i didn't realize maybe there was apathy before, and now based on the emails i get after every game and they care about the officiating and they care about the rivalry, they care about everything. i get thousands of emails every week that i wjt getting anymore. that came as a surprise. >> thank you for being here. >> thank you. we have pricing to get to.

steve, the big reveal. >> same pricing as last year. $999 for the base level pro, and then the max, the one with the larger screen, that's going to start at 1$1,199 or $1,200. basically getting all the features you got before, you have the value of trade-ins, you can get more than a thousand bucks if you trade in your phone from last year and things like that. we didn't learn too much more. it's mostly a rehash of the features we heard about way back in june. a little more. there's huge information regarding the chinese and then spanish as well andover versions

beyond u.s. english like australia and canada coming in d coming months. this is going to be a slow rollout. we're going to have to wait and see a little bit longer to gate gauge what that means for your iphone sales moving forward. >> and they almost turned positive, but they're now down to session lows. steve kovach out in cupertino. it's time for today's "three stock lunch." here's jay wood. welcome to you. let's start with shares of pal antir. what's your take? >> i wouldn't chase it right now. usually you get that initial. i would biney on pullback.

that story with microsoft when they were -- their ai software was being included, that to me was the catalyst to get it on the next leg, and the story ore the long term, they've righted the shup, and it looks like it will go 10% in the next one. . they have a sweet spot in terms of their software, in terms of where their customers are. any pullback on the stock, i would by. >> let's talk about an epic corporate sell, dell goes from hero to zero, back again. your trade on dell, jay. >> michael dell is back frmgts . not as big of a pop as a balance here. it was up 133%.

this dip was extreme. i would put a stop at that august 5th low just in case there's more smoke where there's fire on this selloff. but i believe dell over the long term is positioned for growth. it got the long-term is positioned for growth. it got a little out over its skis. and anything under this level is a good opportunity to buy. >> the stocks run too far. it's up 50% over year. it's a good company, but i think the space, the sector, there's a lot of money coming out of the sector as well. it's done everything you'd want it to do. there's other opportunities out there. >> some desengs. let's get to norfolk southern, whose ceo is under investigation. how do you hand thl one? >> the stock is actually up today on that news. there's an activist investor that has been involved. in may, they added three board seats and tried to oust the ceo.

this story is going to get a lot of headlines. the rails have been kind of on a road to nowhere since 2022. it's up 7% year to date. outperforming union pacific, but for me, this is a show-me story. it has to get above 260. maybe the new ceo could do that. but i chwould choose to stay on the the sideline for this one. >> can you top that? >> i don't know if i can top that, but i would stay on the sidelines. it's not a very interesting story for me given with the economy and the slowdown of the economy. you have seen logistics companies saying things are slowing down. you have issues with management. stocks not cheap. i would wait for a better entry point. >> thank you, jay. appreciate it. the increase in wild wildfires has created a need to better protect infrastructure elements. we'll hear from some startups trying to help with that, when we return.

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welcome back to "power

lunch." thousands of homes being evacuated as record heat is fueling the fire at the base of the san bernardino mountains. it's quadruple theed in size since saturday morning. utility companies are on the frontlines working to protect power lines that serve millions of customers. as the frequency of the fires increase, so, too, does the technology going into that job. we have the details in our continuing series on climate startups. >> that's right. it's not just fire. usually in the west, but it's the increased severity of storms across the nation bringing down trees and power lines. that has power companies looking for new ways to protect their infrastructure. ai is now taking a lead in that space. the u.s. has 5.5 million miles of power lines on more than a quarter billion poles surrounded by even more treeses keeping a

human eye on all of it is impossible. enter new software companies like ai dash. they are tapping high-tech to lower risk. >> what we do is it's at scale use ing satellite and ai. >> utility companies are often required by local governments to scan 100% of their lines and address any issues before fire season. >> this is the size increased along power line is a $10 billion annual spend in u.s. alone. >> reporter: ai dash not only seeing the problems, but sbe grates weather data to gauge risk levels throughout the fire season and address them. and it's not just fire. they do the same for extreme wind and precipitation events. >> the most important is grid reliability. >> national grid is both a client and investor. it claims to have seen a 30%

reduction in outages and a 55% reduction in the duration of outages since using ai dash. >> their differentiator is they built a work flow platform designed for engineers to do predictive analytics, deploy the crews on the ground. >> reporter: in addition to national grid partners, ai dash is backed by duke energy, edison international, shell ventures, lightrock and se ventures. total funding so far, $91.5 million. as part of the green transition, more and more industries and residences are moving to electric power. that means the grid needs not just more capacity, but more reliability. national grid alone says over the next five years, it will spend $75 billion in its jurisdiction ss to upgrade both. >> when you see the people or the groups that have put money in here, these are real heavy

power players. that tells you this is a vitally important thing for them. >> i was struck by their funding at $95 million because we have done dozens and dozens of these clean starts. they are anywhere from $10 to $50 million in backing. you see close to $100 million and the big names behind it, it tells you how important the information is. and this is all of our power. >> so if you saw one of the investors in edison in california, the liability falls on a lot of the utilities. their stock prices are hurt. look at pg&e. so they want to make sure that they have enough information to be reliable for the safety of everybody so that you don't have the lawsuits that are just ove overhanging. it's almost impossible to be an equity investor. >> maybe other states should follow suit. why not incentivize? >> they are already doing it. they know it's hitting their bottom line so much that we're seeing the investors and the

people using the clients go across energy companies across the u.s. >> thank you very much. appreciate it. disney's dispute with directv continues with the satellite provider now filing a complaint with the fcc. they are accusing disney of failing to negotiate in good faith and engaging in anticompetitive behavior. including unlawful demands for bundling channels. in a statement to reuters, disney said, we continue to negotiate with directv to restore access to content as quickly as possible. 11 million subscribers remain without access. >> disney plays hardball on these kinds of things. >> very much so. >> take it from disney. your stock, it's flat for the year but it's down 25% from march. all forces looking at it this point, what's going on with your business, you're seeing theme

parks slowing down. now this is the media side. they are going to play hardball. >> is "monday night football" on espn? >> it is. so tonight would be the first moment that a lot of those customers really feel the loss of this channel. >> that's the jets playing tonight. it will be interesting to see what pushes it. >>. >> thank you for being with us. thank you for watching. >> closing bell starts right now. we'll see you tomorrow. >>. welcome to "closing bell." this make or break hour begins with a tension release hour to start the week as the broad indexes try for the first positive session so far this month. did buyers emerge in the semi conductor sector? that's a 1% gain. you see the semi conductor up 1.5 brs. invidia by 2.5%. bond yields hold steady after the bi