There's the closing bell on Wall Street and now it is market domination overtime. Jared Blikre gonna be along to get us up to speed on the action from today's session. I'll start with the major averages here. The Dow finishing lower by about 100 points. Call it 108 right now about a third of 1%, but you saw kind of the unusual activity throughout the day. We got the news that President Trump had spoken to President Xi of China and he described it as a constructive conversation, so we'll see where that goes from here. Uh but the market's not that encouraged by that. We also had jobless claims this morning that came in a little worse than estimated and we've got the uh BLS, the jobs report coming from the Labor Department tomorrow morning. The S&P 500 finishing down by about a half of 1% really fading throughout the day here, but that similar sort of uh what I call a bouncing ball earlier kind of vibe. Uh Nasdaq composite down about 8/10 of 1% and seeing similar action. Jared, I don't know if bouncing ball is like a technical charting term. That's what that's what it looked like to me today.

In the industry, yeah, call it a sine wave, call it whatever. Um, you know, I was I was following this this mud slinging by Trump and Elon Musk here. We'll get to Tesla in a second, but first, yeah, the indices closed down a little bit. S&P 500 volatility has really shrunk over the last week. So only with a 1 and a half percent loss, this is the worst day in about a week, maybe a little bit longer. Nothing to write home about. Uh, I'll take a look at the VIX here real quickly. That's still under the 20 level, so nothing too bad there. And we had yields ticking down initially today, and it looks like kind of a mixed picture with respect to the 10-year and the 30 year. So the 10-year down three basis points, 30-year just about break even. Let's get to the sector action, and then we can here we go. Consumer communication services rather, that was the only sector in the green up about two tenths of a percent. Consumer discretionary, guess who's in there, Tesla. That was down two and a half percent. Then consumer staples, the other consumer sector. That was down nearly 1%. I'll also mention materials down half a percent, also underperforming the S&P 500. Now, let's get to the show in the Nasdaq 100. I will punch up Tesla here down 14.26%. I believe this is going to be the worst market cap loss ever for Tesla. You'd have to go back to uh September of 2021 to see a second worst state. And this is going to be over 140 billion by my calculations. We'll have to see how things finally net out at the end just a few minutes here, but Tesla, let's get the year-to-date so we can put this in context. Had a nice rally going and just gave a lot of it back in the afternoon with the back and forth between Trump and Elon Musk. And we're seeing a little bit more red than green on the screen, um, especially with respect to the mega caps, Nvidia down 1.3%, Apple down 1%, and some of the other standouts in the upper right. We got Palantir down 8% and Costco down 4%. So lots going on in the Nasdaq 100. A little bit less or fewer fireworks in the Dow and here we see some standouts. Goldman Sachs up more than 1%. So with Salesforce, kind of in the middle of your screen, uh, but uh, more red than green for the Dow as well. So a little bit of a setback today in the majors and some of their components.