Now, we're going to turn to more breaking news. The markets down this morning in the wake of Israel's strikes on Iran and renewed fears of a broader regional war after Iran's nuclear sites were targeted. You can see the Dow now down 661 points.Joining us now is NBC News senior business correspondent Christine Romans. What are the big takeaways emerging here. Which markets are we watching specifically.Which sectors. Well, spiking oil markets here is the really big thing to watch. And you see the stock market ...

Closer look at the markets here and reaction to the geopolitical news overnight. S&P's down 610 of 1%. Scott Croner joins us, Cityroup US equity strategist.He's here at Post 9. He raised his year-end S&P target to 6,300 this week from 5800. So kind of catching up with the market here, I guess, as we continue to make new highs, although a step back today.Does this how do you think that what happened overnight impacts the US equity market if at all. Yeah, Sarah. So, I I the way we've been talking about it is ...

you. As we said, defense stocks rallying on these rising geopolitical concerns. Joining us this morning, former white House Middle East policy advisor, ambassador Mark Ginsburg.Ambassador, thanks for your time today. Appreciate it. Sure.So we've made it clear we didn't participate in this. Lebanon's Hezbollah, they don't they don't are not clearing any action. Can this be contained, so to speak.I think it all depends on the retaliation. That Iran still has in its back pocket. >> It didn't use its its ballis ...

>> ISRAEL LAUNCHED A TARGETED MILITARY OPERATION TO ROLL BACK THE IRANIAN THREAT TO ISRAEL'S VERY SURVIVAL. THIS OPERATION WILL CONTINUE FOR AS MANY DAYS AS IT TAKES TO REMOVE THIS THREAT. >> IT IS 5:00 A.M. IN NEW YORK CITY. I AM DANI BURGER WITH YOUR BLOOMBERG BRIEF.ISRAEL LAUNCHES AIRSTRIKES ACROSS IRAN TARGETING NUCLEAR SITES AND KILLING SENIOR MILITARY COMMANDERS. IRAN VOWS REPRISAL AND HITS BACK WITH DRONES. OIL JUMPS ON THE GEOPOLITICAL ANGST WITH ITS BIGGEST INTRADAY SPIKE SINCE MARCH OF 2022.STATE ...

Market Reaction - Stock futures on Wall Street experienced significant declines, with the Dow Jones Industrial Average falling 453 points (1.05%) to 42,863, S&P 500 dropping 57.50 points (0.95%) to 5,992, and Nasdaq futures declining 273.50 points (1.23%) to 21,885 [1][7] - Oil prices surged, with Brent crude increasing over 7% to $74.28 per barrel, driven by fears of supply disruptions due to escalating violence in the Middle East [3][14] Geopolitical Developments - Israeli airstrikes targeted senior military figures and nuclear facilities in Iran, resulting in the deaths of several high-ranking officials, including military chief Mohammad Hossein Bagheri and Revolutionary Guard commander Hossein Salami [3][4] - Iran retaliated by launching around 100 drones toward Israel, escalating tensions further [4] Investor Sentiment - Investors sought safety amid the turmoil, leading to a rise in US Treasury bonds, with the 10-year yield increasing to 4.369% [5] - The WSJ Dollar Index rose 0.53% to 95.15, indicating renewed demand for the US dollar, while the Cboe Volatility Index (VIX) surged above 21, reflecting increased investor anxiety [6] Broader Market Impact - Gold prices reached a near two-month high, while auto stocks faced pressure following comments from former President Trump regarding potential import levies [8] - European and Asian stock markets also declined, contributing to a souring market mood [9] International Response - The International Atomic Energy Agency reported that Iran's Isfahan nuclear site was unaffected by the strikes, with no increases in radiation levels detected at the Natanz site [9] - UN Secretary-General Antonio Guterres called for restraint from both Iran and Israel, emphasizing the need to avoid further conflict in the region [12][13]

Joining us right now to talk more about all of this is Sevita Subramanion. She is the head of US equity and quantitative strategy at Bank of America Securities. And Sevita, it has felt recently like the markets were really in a pretty good momentum, good mood on all of these things that we've seen, these huge moves.How does this change the situation. Look, I mean, I think this this uh geopolitics are a bigger deal than what may be discounted into equities today. And I think it's interesting that crude ralli ...

What do you make of the action that we're seeing in the pre-market here in the US. We're seeing the major indices down right around one 1%. Surprised we aren't seeing a bigger reaction.That's exactly what I was going to say that I would have expected more. And I think that given what we're seeing, the potential rise in oil prices certainly complicates um the desire for this administration to bring in lower prices. Inflation is already a problem.Margins within the S&P 500 are under a lot of pressure. And one ...

that Israel's attacks on Iran are ongoing, hitting an airport in one of the country's most northern major cities. Thank you for joining us. Uh just for edification of the audience, you're the head of political analysis at Pangia Policy Advisory.Really great to have you on a morning like this. What do you make of the fact that Israel's attacks, they are still ongoing. We did hear from Benjamin Netanyahu saying that basically it could take days or weeks and that Israel would continue, but what do you make of ...

Geopolitical Impact on Natural Gas Market - Middle East tensions highlight the importance of American energy and its role in global energy security [1] - American natural gas can replace energy from pro-dictator nations, fostering global stability, peace, and prosperity [2] - Geopolitical tensions are spiking, impacting trade dynamics [3] US LNG as a Strategic Tool - US LNG, as the number two export for America, is a key trading tool for strengthening international relationships and mitigating tariff impacts [4] - The current administration's support for US LNG is seen as a positive factor for stable trade and certainty for American business [4] - Leveraging US LNG can contribute to global peace and prosperity [5] Natural Gas Demand and Supply - The Middle East is expected to be a supplier of LNG, while Asia and Europe will be major demand centers for American LNG [7] - Increased US LNG is needed to replace Russian gas in Europe [8] - US LNG demand is projected to double by 2030, increasing by an incremental 15 BCF (billion cubic feet) per day [8] - The world is energy short, requiring more American energy to meet demand [9]

KRITI: GOOD MORNING FROM LONDON I'M KRITI GUPTA ALONGSIDE GUY JOHNSON AND VALERIE TYTEL. AN HOUR AWAY FROM THE OPENING TRADE. CONFLICT ERUPTING IN THE MIDDLE EAST AS ISRAEL SAYS IRAN HAS LAUNCHED OVER 100 DRONES IN RETALIATION FOR A WAVE OF AIRSTRIKES AGAINST IRAN'S NUCLEAR PROGRAM AND BALLISTIC MISSILE SITES.OIL PRICES SURGING ON THE BACK OF FEARS OF A WIDER WAR IN A REGION THAT ACCOUNTS FOR A PERIOD OF GLOBAL CRUDE PRODUCTION. BRENT RISING THE MOST IN OVER THREE YEARS. INVESTIGATORS HAVE STARTED COMBING T ...