Stocks closed slightly higher Friday to end a volatile week marked by the Federal Reserve's 0.75% rate hike. However, the major indexes all shed points for the week, and the S&P 500 suffered its worst weekly loss since March 2020. Mark Luschini, Chief Investment Strategist at Janney Montgomery Scott, joins Closing Bell to discuss today's close, why he thinks markets are currently "very oversold," when the U.S. could possibly enter a recession, and more.