126, the s p up 23, the nasdaq gaining 89. The russell 2000 is the big percentage winner, up 1. 5 or 26 points. But on this fourth day of the bloody war between israel and hamas, it is just after 10 p. M. Where hundreds of rockets and guided missiles continue to crisscross the sky. Israel fighting back and close to launching a mass ground offensive into gaza after Hamas Terrorists invaded israel saturday night, slaughtered more than 1,000 civilians. President biden just speaking within the last 20 minutes saying at least 14 americans have been killed in the violence in israel, and more than 100 people have been taken hostage by hamas, at least 4 of whom are american. Fox news is also reporting that according to journalists on the ground, soldiers have found infants decapitated by the terrorists in the villages that have finally been secured by israeli military. But help is already on the way. Take a look at boeing. Shares are moving higher, they are at the top of the Dow Jones Industrials at the moment gaining 2. 5 . You can see the spike there earlier today. That when foxs Jennifer Griffin and reported the Aerospace Giant rushed 1,250pound bomb withs from the u. S. To israel via Israeli Air Force transport shortly after the saturday attack. Griffin report toes the Biden Administration reached out to Defense Companies asking they accelerate munitions deliveries. Boeing stepsed up, and speaking just about 23 minutes ago from the white house, President Biden made the United States support for israel loud and clear, mentioning the additional military support the u. S. Is sending to israel including ammunition and interceptors. Joining me now live is Atlantic Council senior fellow ariel cohen, a recognized authority on security and energy policy. Hes lived in israel for a decade and served in the idf, Israeli Defense forces. Ariel, lets first listen to what President Biden said specifically about the munitions and the support militarily that the u. S. Has green lit right now, and heres what he said. Were surging additional military assistance including ammunition and interceptors to replenish iron dome. Were going to make sure that israel does not run out of these critical assets to defend its cities and its citizens. Liz first, your response to what the president just said, and then well get into things like the oil market which, of course, is secondary to the human toll. I think the president president is doing the right thing. He is trying to triangulate the bipartisan support the American People has for the state of israel and address the or horror that we see, unprecedented murder of the jews including babies and children, including rape and hostages. We did not see anything like that since the holocaust. It was not just the strategic surprise like in 1973 yom kippur war, this is israeli territory captured, villages destroyed. And its also a message to all of us. Remember, on 9 11 the jihadi terrorists asawses may noted assassinated 3,000 americans. Israel is 50 times smaller than the u. S. , so this is the equivalent of 37,000 americans killed in one day. This is the magnitude of that attack. This is a challenge to all of the democratic and free world because hamas is coddled by russia, is financed and trained and equipped by iran liz yes. And this is a challenge that is much bigger than just israel. Liz yes, indeed. We need to talk about exactly what is going on on the ground. Israel says the 26 breaches, this was, of course, on saturday, of that wall between gaza and israel which were torn down saturday by hamas have now been secured. We understand that u. S. Defense companies, as we already mentioned, shipping weaponry. But, you know, as we look at whats happening with troops amassing at the gaza border, ariel, what happens next . What happens next is a Bombing Campaign the like of which we saw, for example, if in afghanistan and iraq when the terrorist, the known terrorist targets are softened. Israel does not go after the civilians, unlike the Hamas Terrorists. It will go after legitimate targets that hamas deliberately locates in mosques, schools, hospitals. And and tragically, they take palestinians hostage, as the president just mentioned. Palestinians in gaza, a lot of them, despise the hamas theocratic dictatorship like the iranian dictatorship. Are. Liz right. Yeah. But what happens next is from a ground offensive. And i hope at this point hamas will be taken out lock, stock and barrel from ruling gaza. It brought nothing but tragedy and disaster to the arabs of gaza. Liz oh, its just, its horrific. And to call them animals is too nice to animals with what hamas has reportedly done, beheading children, killing i am a against, i am against dehumanizing anybody, the nazis would call jews vermin and insects in world war before world war ii and during world war ii. But that the behavior, that criminal terrorist organization that murdered babies needs to go. Liz ariel, lets talk about which is, of course, secondary, but the Market Reaction here. We could look at defense stocks here in the u. S. Which did very, very well yesterday. Sort of, you know, predicting that we would see what was telegraphed today new our Jennifer Griffin at fox news, and that is that many are stepping up right now, not to mention the oil markets. Actually, oil earlier today before it closed, because were in the aftermarket session, had come down after about a 3. 5 spike yesterday, and thats for brent, the international benchmark. West texas intermediate, gasoline, etc. So we can see it pulling back just a bit here. What do you think are the ramifications for Something Like the oil markets . Israel is not a huge producer. Obviously, neither is gaza. But the entire region including iran is. Iran is a thousand miles away, and if iran steps back and doesnt trigger another front against israel in lebanon, the mess blah concern hezbollah hezbollah Terror Organization is a fullyowned subsidiary of iran. The head of hezbollah, his official title is the plenty potential representative of the Supreme Leader of iran in lebanon. So its fully owned. But if iran restrains hezbollah and theres no war in the north, then iran is out of the picture for now. But if iran allows hezbollah to attack and this is liz well, that opens a second front. Theres a second front. Yes. The northern front. Right. And that will destroy israeli cities like tel aviv and strategic targets like the refineries. That may open the iranian leadership as the head of the mossad, the Israeli Intelligence agency, said just a few weeks ago, it will open the Supreme Leadership of iran as targets as well as as oilexporting capacity, an island that exports 90 of iranian oil. Liz thank you for your perspective and knowledge about the the region that is going on, we appreciate it. The geopolitical consequences of the war in israel are in very sharp focus not just for the president and congress, but for gop president ial candidates. Later in this hour weve got one of them. Vivek ramaswamy joins us in studio. He previously made some pretty controversial comments about u. S. Support of israel. Were going to get him on the record on his current stance on hamas, iran, russia, saudi arabia and how hed handle the situation as president and, yes, we will ask him about securing the southern border. Lets get to the markets here, and we do, as we say, see some gains here. We are off the earlier highs, but u. S. Stocks even as investors contend with a very worrisome global picture. Stabilizing oil prices we just showed you as well as falling bond yields are helping the Market Sentiment at this hour. Of if you look at the 2year yield, it is dipping below 5 . Just barely, were at 4. 995 but still down about 9. 3 basis points. Thats a 1month low as investors pile into safe haven bonds. The 10year is falling to its lowest in an entire week with, only seven days, but well push it, right . Driven by middle eastern tensions and hopes that the Federal Reserve is done tightening. We have that standing at 4. 662 , down 4. 3 basis points. So to that end about the Federal Reserve, are they done yet, the bulls actually perked up their ears after Rafael Bostick said in a speech this morning that the fed has now raised rates enough to bring inflation down to its 2 target. You know, the underlying message here is were done, or although hes only one voice here. The dow adding right now 152 points to yesterdays 197point gain. The s p climbing 27 points yesterday. It made exactly 27 points to the upside. The nasdaq up 100, and you see the russell 2000 up 26. Bostick also said he does not see the u. S. Dipping into version. The International Monetary fund seemingly agreeing with this outlook, they raised the u. S. Growth projection for this year to 2. 1 . So far sentiment is positive ahead of the cpi report on thursday, the Consumer Price index, important inflation report. And a host of Third Quarter earnings. But with the global picture in sharp focus, lets get to kate moore and the floor show, head of blackrock global allocation fund. Kate, obviously, your gut reaction to all thats happening right now and how the u. S. Markets are absorbing it. Yeah. I think the main focus especially for the ec questionty space right now equity space has been the messaging from the fed. Not just bostick, but also daly and logan all giving a similar message which is, you know, were in the right direction of travel for both inflation, hopefully well get that confirmation if on thursday, and the labor market. And thats what the Equity Investors really wanted to hear. They also like seeing that the bond yields have come down a little bit, theres a little bit less pressure on volatility. And all in, its a slightly calmer market where weve seen a lot of hedge funds in particular covering their shorts. Liz does slightly calmer mean you are an equity cheerleader, or are you still a skeptic . I think i have to love my asset class as an Equity Invest every. That said, im not adding a ton of risk at this moment too in time. Im going to be monitoring what happens across the geopolitical landscape, im going to be Monitoring Oil prices and the impact thatll have in terms of Consumer Prices. Liz yeah. But, you know, were not out of the clear. The one thing i am slightly optimistic about and i think a little bit more optimistic than the street is around earnings. Weve seen consensus take their earnings estimates to a pretty conservative place for the Third Quarter. But kind of flat if yearoveryear. And i think as Companies Start to report, which they will in earnest on friday, were going to get a more constructive opinion and view from a lot of the cfos and ceos. Liz the equity skeptics have been wrong, wrong and wrong. I mean, maybe a short window of 30 days here and there. Obviously, we with saw at the end of the summer things were very, very tentative. But if you look year to date at the s p, the nasdaq. I mean, the dows up just over 1 year to date, but the rest have been gang busters, certainly. How does 2024 look . I mean, do we see a repeat of this muscle that weve seen so far this year . Yeah. A lot of the equity skeptics and naysayers have been complaining about the leadership of the market, right . tis e tis technology. Just six or seven Company Companies leading the market. They forget those major megacap companies did the, work. They cut head count, streamlined their businesses, taker o they focused on cash flow. I think the breadth of that type of behavior, were going to have a Broader Market in 2024. Is it off to the races . No. I like a little differentiation, a little dispersion if underneath the a surface. But i think theres real possibility with a fed on pause, the economy adjusting to higher rates and companies doing the work to preserve cash now, we can have an up market. Liz well, its unusual because technology stocks, Technology Companies en masse did, as you say, the work. They skinnied down, they winnowed their employee head count. You know, maybe its individual names elsewhere, but are there particular sectors that you feel yo you like right now that arent being killed by capex spending limitations and labor costs . Yeah. I think there are a couple of things im watching for in this earnings season. One is breadth outside of technology and communications. Weve seen Consumer Services as well, expectations are pretty lofty there. But im looking for stuff on the cyclical side of the market, you know, Cyclical Companies telling us they have either cut head count or have kind of rightsized businesses that may not grow as much next year. Id say in the industrials side, in materials and energy im going to be focusing a little bit on that. In addition to labor costs and overall labor expense, so not just the wages, but also the total cost of an employee. Im going to listen for comments around capex and investment spend. When ceos talk to us about that, its a very positive signal because they tend to be to be conservative. And then the last thing is around inventory. I want to hear companies talk about their inventories. If theyre low relative to history, which is what were hoping for, that bodes well. We may actually see a good order book in 2024. Liz kate, its great to have you. Thank thanks so much, liz. Liz and contrary to popular belief, we are not related but, boy, youre a sister from another mother. [laughter] we look a lot alike. Thank you so much. Weve got a. I. Stocks in the green including adobe. A. I. Artists getting quite the upgrade as adobe lights up flye. They call it your imaginations new best friend. We are going to show you how it works and get the top voice in the area from adobe. And our producers and correspondents on the ground in israel keeping you updated with the very latest breaking news from israels 4day war with hamas. Heres a look at ishares israel etf. It has moved to the upside by nearly 1 . Claman countdown is coming right back. Financial advice from ameriprise can do more than help you reach your goals. I can make this work. It can help you reach them with confidence. No wonder more than 9 out of 10 of our clients are likely to recommend us. Ameriprise financial. Advice worth talking about. This is american infrastructure. Megawatts of power, rails and open road, and essential services of every kind. All running on countless invisible networks, making it a prime target for cyberattacks. But the same aipowered security that protects all of google also defends the systems running americas infrastructure. For these services. For the 336 million of us living here. There are some things that go better. Together. Burger and fries. Soup and salad. Like your Workplace Benefits and retirement savings. With voya, considering all your financial choices together can help you make smarter decisions. Voya. Well planned. Well invested. Well protected. Nice footwork. Man, youre lucky, watching live sports never used to be this easy. Now you can stream all your games like its nothing. Yes [ cheers ] yeah woho running up and down that field looks tough. Its a pitch. Get way more into what youre into when you stream on the xfinity 10g network. Youre probably not easily persuaded to switch mobile providers for your business. But what if we told you its possible that comcast business mobile can save you up to 75 a year on your wireless bill versus the big three carriers . Have we piqued your interest . You can get two unlimited lines for just 30 each a month. There are no Term Contracts or line activation fees. And you can bring your own device. Oh, and all on the most reliable 5g mobile network nationwide. Wireless that works for you. Its not just possible. Liz lets fire up adobe shares, they are in the green up about 1. Off the highs of the session, but an already stellar year to date performance of 58 gains in the stock. The company is less than two hours away from adobe max, its investor meeting, where where advancements in a. I. Will, no doubt, take center strategy. The firefly was a massive hit, users dove in making system 3 million prompts. Team countdown asked adobe to make an a image of a black and orange account on the beach with a mow here toe. Heres what it made. I mean, yeah, nice. Well, now the company is unveiling model two with more updates, so of course we asked to see what the new model would come up with. Unveil it, everybody. Heres what the firefly model two created based off the same prompt. Oh, thats a better america ojito. Lots of mojito, lots of mint. Right, austin . As you can see, its a lot more lifelike. What more can model to two do . Point person on creatives digital, david, how has firefly morphed . Tell us what it can do now. First of all, thank you for having me on the show, liz. Liz of course. You know, we have been very busy over the last several months. Not only did we update the image model today, but really the big announcement today was that weve really expanded our generative a. I. Models to include a broad set of things. So imaging is what i think a lot of people are focused on, and we have this major update that gives you much higher precision and detail, but it also gives Creative Professionals or individuals using this much more control over exactly what gets generated. We also introduced a firefly vector model which is a new way of actually creating generative a. I. To create images that can be edited as vectors which gives you