A rally that largely held to the close, that's the scorecard on Wall Street, but

winner stay late. Welcome to Closing Bell overtime. I'm John Fort back with Morgan Brennan,

and coming up this hour, full coverage of the conflict unfolding in the Middle East and the impact

on global markets.

We will talk to Roshir Sharma from Rockefeller International about how investors should

factor in geopolitical risk.

Plus, former Defense Secretary Mark Esper will join us to talk about the impact on defense

companies and we will speak with energy expert Bill Perkins, about the pop we're seeing in the

oil market, also Nat Gas. let's begin with a broader equity

market though stocks were lower and early trading on the headlines out of the

Middle East but turned higher mid-cession has been quite a midday rebound

after comments from a pair of Fed officials surrounding higher

Treasury yields potentially dampening the need for more hikes. Energy leading the

gains following that big spike in oil while industrials particularly the defense

stocks and real estate saw pop as well.

The bond market was closed today.

We did have some bond proxy action, though.

Let's bring in CMBC's senior markets commentator, Mike Santoli for more. Mike I mean it was an incredible midday

reversal while we look to other parts of the world most notably the Middle East

it's really it seems what was going on here in the US with some of the

Fed officials voting Fed officials that really turned to the markets.

Yeah absolutely during the trading day that was the case I think part of the

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