the red sea as israel says it is being attacked from seven directions. plus, former president trump telling his foes to quote, rot in hell, the fbi investigating death threats against colorado judges. and a cnn investigation. the california man scammed out of more than a million dollars. it all started with a simple text message and you ll never believe who is behind it. let s go outfront. good evening. i m erica hill. outfront tonight, fears of a widening war and a greater u.s. involvement. the us navy intercepting krdron day tacks today. these are just the latest in a growing number of attacks in the area. they also come just one day after president biden directed strikes against a militia group. now iraq accusing the u.s. of quote hostile acts. all of this raising questions and concern about how deeply the u.s. is being drawn into the conflict in the middle east. israel s chief says his country is facing a multiarena war with attacks coming from seven directions. he of
rumors. the market reacts to uncertainty and action. and that is what we saw today with mike flynn. mike flynn taking a plea is actual action. think about all the months president trump has lots of rhetoric. there is lots of smoke around russia. but even when terrorirump saysc things, his team walks it back the next day. but today mike flynn taking a plea is scary in terms of geopolitics, it is scary when abc is making you think that this could affect the presidency. that is a big deal. but until we know that, it is unlikely that the market will blow up. because even at 350 points, as a percentage basis, this is not devastating. without a doubt. listen, the market is up 30 on% this year. and investors know that. it is december. they will take their profits and not go through this wild ride of decemb december. if they think things are looking shaky, they will sell today and sit in cash because they have a great year. stay with us because we want
ahead. u.s. markets close early tomorrow before shutting down for the fourth on wednesday. investors who haven t taken the entire week off will be looking to extend friday s rally, which gave the s&p and the nasdaq their best daily boost since decemb december. friday s surge came after eurozone leaders agreed on significant steps to shore up the region s struggling banks with rescue funds and increased oversight. overseas this morning, optimism over europe s debt crisis helped most asian markets climb higher. the upbeat sentiment could continue if the european central bank decides to cut interest rates during its meeting this week. another big driver for u.s. markets will be the june jobs report due out friday. investors will also get an update on june auto sales, which have been consistently strong all year. an interest rate rigging scandal that rocked the global banking industry last week claimed its first victim. the chairman of barclays resigned today, saying the buck stops wi