All right, guys, thanks so much. Welcome to closing bell. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange.

This maker breakout begins, of course, with the sell-off. Take a look at the markets here with 60 to go in regulation.

A weakness in many different places within this market today. Almost all S&P sectors are red, with the exception of energy.

And that is because oil has moved higher. WTI is now above

$80 a barrel. Brent is as well. And the market obviously does not like that move. Small caps are

week two. Look at the Russell 2000. It's the worst of the majors down two and two thirds percent

today. Inside the market, industrials and health care are dragging down the Dow. Look at that. I mean, each down more than two and a half percent. Merck, J&J, Amgen, they've been lower all day long. Bank stocks are in the red as well. They haven't traded well lately. We'll continue to watch that. Look at Goldman Sachs down more than 5 percent. All that is weighing on the Dow. That's why you have a Dow's industrial average that is pushing an 1,100 point decline. We are of course watching the events in the Middle East. Let's begin in Washington with our own Aiman Javers. He has the very latest and the fallout. Amen? Yeah, Scott, one of the things that markets really have to

wrestle with here is some expectation of how long this is going to last, right? You know, you see

this oil price spike today and you say, well, if this is another couple of days, a couple of weeks,

that might be something that markets can process, a global economy can process. If it's not,

that's an entirely different picture in terms of what your expectations

are economically. And part of the confusion has come from the messaging that we've seen from the

administration on what their intent here is in terms of a long-term engagement with Iran.

I want to play what Pete Hegsef, Secretary of War, said earlier this week in terms of expectations for how long

this would last. Take a listen. This is not Iraq. This is not endless. I was there for both.

Our generation knows better and so does this president. He called the last 20 years of nation building wars dumb,

and he's right. This is the opposite. This operation is a clear, devastating, decisive mission.

So the secretary is saying this is not endless. Then you see President Trump on social media

saying this, talking about munitions, the U u.s munitions stockpiles have at the medium and upper medium

grade never been higher or better as was stated to me today we have a virtually unlimited supply

of those weapons wars can be fought forever and very successfully using just these supplies, which are better

than other countries' finest arms.

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