[ bombing sounds ] [ sirens ] stuart good morning, everyone. It is 11 00 eastern, we begin with this fox business alert. Deadly fighting continues around gaza this morning. Hundreds of people have been murdered in israel, including at least nine americans. Well continue to bring you the latest breaking news as this situation develops. On the markets, not a profound reaction, not the one i want expecting frankly. The dow is down 100, nasdaq down 118. Got that. Oil prices, in is going to be important because oil prices are rising, perhaps fueling inflation, perhaps slowing the economy. 86 a barrel as we speak. Watch oil for whats going on in the mideast. And now this, at this moment, 100,000 israeli troops complete with military equipment are assembling on the border with gaza. Looks like the preparation for an invasion. It will be brutal. Israels defense minister imposed a total siege saying therell be no electricity, no food, no fuel, everything is closed. Were fighting human animals,
Tim seymour, karen finerman, dan nathan, and guy adami. We start with the major market turnaround. Rebounding and rallying to close up 200 points on the day. The s p 500 closing up more than half a percent and the nasdaq surging 52 points, all as investors shake off the war in israel following the deadly hamas terror attacks over the weekend. Crude and brent popping 4 . Biggest gains since early april. Gold up more than a percent and a half, and the Defense Sector moving higher. Airline, travelrelated names suffering. Major carriers including united, delta, american, suspending service to tel aviv. The lateday rebound coinciding with commentary coming from fed speakers. Steve liesman will be along shortly with all of that. But we begin with the question, why are markets so calm in a seemingly world of crisis at this point . Guy . This is a hard show. We have to be careful. We understand whats going on, were respectful of that, but we are tasked to do something in the lens of the market
Hall in london with more. Maria, good morning, yes hostages so many peoples focus held inside gaza we believe inside tunnel systems that hamas has built in the past israelis have been reluctant to go into gaza you have seen rocket attacks how im sorry usually responds they know once in streettostreet brutal fighting so many are waiting to see israeli top said they will go in a Ground Invasion we dont know when it will start certainly seen numerous times thousands of times along the border gearing up ready to go, called up 100,000 troops, and put 300,000 on reservists on call as well some in u. S. , u. S. Government said could it help some flyers to israel if they had to be involved in this conflict we are waiting to see next step Idf Israeli Defense force has last few hours managed to recapture all towns that hamas held inside israel across the gaza border but still fighting going on, there is still a couple attacks, that are mortars being fired remains a very fluid situation but, agai
Dragged away, taken captive. A closer look at what led up to this historic attack, the alleged involvement of iran, the intelligence failure and what could come next. The us is sending new military aid to israel. What were learning about the Aircraft Carrier group and fighter jets headed to the region, plus the impact on travel and the financial markets. In other news, a new labor dispute in the health care industry. Workers at another major pharmacy chain threatened to walk out the murder mystery in a quiet new england town. A beloved former University Dean married to a famous author found dead. The manhunt now underway. The video game scandal in a major police department. New video showing officers playing pokemon instead of responding to an emergency call. Later, simone biles, star shining even brighter this morning. And it was not a meteor or the mystery in the skies over washington now solved. From abc news in new york, this is america this morning. Good monday morning, everyone.
Happening now, israel formally declares war on hamas and the Palestinian Terrorist groups strikes back. Breaking news. Hamas has just fired a new barrage of rockets at israel tonight. And were learning that there has been a direct strike on the city of ash. We welcome our viewers here in the United States and Around The World. And im wolf blitzer and this is a Special Edition of the situation room. Israel at war. Announcer this is cnn Breaking News. And were following all of the Breaking News, our correspondents are positioned in israel and indeed Around The World to bring you all of the latet developments in this escalating crisis right now. Raising enorm ow fears of a major war in the middle east. Lets begin with Nic Robertson, youre not far away from the border with gaza. What more do we know about the new round of attacks that is underway right now . Reporter weve been able to see a couple of things from this location, wolf. Were seeing rockets taking off that are not intercepted q