This is r. T. International. Term says that he called off a strike on iran with just 10 minutes to go it comes amid escalating tensions between washington and tehran lets get an update from our correspondent in new york last caleb moore what more do we know about trumps remarks. Well according to what trump has posted on social media it seems that there were 3 spots in iran 3 locations that were selected for u. S. Military strikes however 10 minutes before the strikes were to take place donald trump learned that there would be a casualty of roughly 150. 00 people as a result of these strikes and he felt that was not proportionate and it was not proportionate to a single unmanned drone that was being hit now of course donald trump was referring to the u. S. Drone that was written recently shot down by iranians over the strait of hormuz now iran says that this drone violated their territory in the southern part of their country however u. S. Officials are saying that this drone was shot
Have great admiration and respect for. We are keeping america safe and President Trump is completely capable of working alongside as an leading us in that effort. Spencer joinsrd Industry Leaders to discuss new innovation and technology. This was part of the Reagan National Defense Forum at the at the reagan president ial library in simi valley, california. This is an hour and 15 minutes. [applause] hello, everyone. Good morning. Its a beautiful day, such a beautiful place and a very important time for many, many reasons. We are here today to talk about the challenges that the Defense Industry and our government of thes a result pressure from wall street. How does that Quarterly Earnings report affect the ability of our government to innovate and protect us. Question and an important question with lots of ramifications for years to come. Here to discuss this and attack this problem, we have the executive director of era Space Investments jpmorgan. He is the wall street guy who is basic
Silent tech valuations and will the next iphone the expectations and is tax reform still needed to keep investors on board . Overation clouds hovering socgens ceo. It is trying to solve this issue as quickly as possible. Absolutely. We are less than a half an hour away from the european open but when equities and indexes will start trading here, you see the intraday futures for the equity indexes up across the board, we. Ad gained just today as well for the equity indexes. We will continue into positive territory. Automakers were gainers yesterday and they will be really in the spotlight. Muchnot tell you how germany is focused as a nation every single, major newspaper has on the front page a story about dieselgate which we will be covering of then down and sideways today. D tradelook at the bun kaman this is a chart showing the end of the trade yesterday and the beginning of the trade, it is up today. It jives with the green arrows on futures. Investors are selling off the bun pushing
The dow s p and nasdaq fall losing more than a percent and it wasnt just one thing that had investors nervous. Take your pick. A triple threatfacing stock. Rising rates, rising dollar, concerns about falling profits ahead of earnings season. What matters most to the market, is there anything worth buying right now . Pete, kick it off. Well, i think right now people are getting more and more concerned about the whole earnings season. If you go back the last quarter, that actually was one of the things that really propelled us to the up side. You look at the financials, a very low hurdle, and we started moving to the up side right out of the gate. So i think people are starting to focus on that. Then you get alcoas numbers. We have seen a few other folks that have come out with numbers or projections honeywell. Honeywell, and you start to feel a little bit less comfortable and then all of a sudden when we have seen the area that everybody has been piling into, technology and the selloff,