Welcome to closing bell. I'm Scott Wapner. We do begin with breaking news today.

Stocks at the lows of the session as Iran responds to Israel's attacks within the last hour.

We're following the events today from the White House to Wall Street with 60 minutes to go in regulation.

As you look at recent pictures from that region, oil ripping higher today, gold is up as well.

Notably, though, yields are actually

rising today as a tried and true flight to quality trade not working today. That's something

to keep an eye on here. There's the 10-year note at 442. It does take us to our talk of the tape

today, what all of this means for stocks, which had been searching for new highs

within about 2% today before this selloff obviously has escalated into the final stretch.

Dan Greenhouse is with us right now. He's Solace Alternative Asset Management's Chief Strategist

with me here at Post 9. We see the pictures and we know the story that is unfolding here.

How are you thinking about it as a

market participant? Well, there's a, to your point, there's two questions here. One is the

geopolitics of it, which is obviously an important question to be asking ourselves. And then the

second question is, what do I do with it as a market participant? With respect to the latter,

it's not as clear cut. And the market's off, we're coming up, I mean,

we're clearly near the lows of the day, 2% oil up in the high single digit percentages.

We've seen this before, though, whether it was the drone attack on Aramco at the end of 2019,

Soleimani early in 2020, or any of the skirmishes that have arisen in the Middle East

over the last couple of years post-COVID, you get these momentary spikes and then oil comes

back down and we go about our day because oil infrastructure has not been and is not affected.

And I think what we have to say today is, at least thus far, we know that oil infrastructure has not

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