Morning. Youre live in the cnn newsroom. Im Jim Acosta in washington. We begin this hour with Breaking News. The White House is preparing for a chilling new threat that iran could be about to launch a Missile Attack on israel were covering all the angles at this hour, their correspondence around the world. Lets begin with the White House and what theyre saying in cnns are arlette saens. Arlette, were just getting this word within the last hour or so. What can you tell us yeah, jim, this is a pretty stunning warning coming from the u. S. Senior white House Official tells us that the u. S. Believes that iran is preparing to imminently launch a ballistic Missile Attack against israel. It comes at a time when the u. S. Has been watching with great concern to see what irans a posture might be and whether they might try to launch any type of retaliatory attack against israel amid the heightened tensions that have arisen over the course of the past two weeks. Now, in this statement from a sen
Even if today was a dow. S p inching down 1. 3 . Nasdaq climbing 4. 2 the fed is supposed to cut rates when the economy is in trouble, right . How can the economy be in trouble if the s p 500 briefly made an alltime high . I hear a lot saying this but its based on the serious misapprehension usually bring people who dont understand the stock market itself because it is a market of stocks. Its no longer a good gain the indices arent a good gauge to the economy the recent rally tells us lots of companies are doing well. Some are doing well because of lower Interest Rates than the treasury market. Some are doing well. Theres been some fast growing tech stocks that have not been constrained and farm well, farm and fast growing tech tend to thrive in a weak economy. More importantly i think were looking at this backwards. The market roared to these levels because wall street thinks there is going to be a rate cut it would be much lower in jay powell told us it was still on the table that th
Well break down all the mergers and acquisitions and wheel talk to miles white about his 25 billion of st. Jude. A strong Earnings Report after the bell yesterday, the company shattered estimates and is proposing a new sale structure. And well take a look at how the day on wall street is shaping up. Lets get to m a. The deal valuing st. Jude at 85 a share. Lets keep a close eye on abbott labs stock. They expect to add to earnings. Wheel have an interview with ceo white. And a crossborder hostile for medivation. We have plenty in the world of health care so to speak. Jim, lets start off with abbott. By the way, they also have this olear deal on tap. That kaem prior to them signing a confidential agreement late in february to get this deal done on st. Jude. Theyre talking big accretion. Im looking at a stock that is down pretty dramatically. Its a cash and share deal. So it is going to have the effect of hurting the overall value of the deal. 4675 in cash and. 8708 shares of abbott. Lets
And our focus today is supporting the victims and their families. Reporter today we are hearing from county officials and learning more now from survivors of the deadly attack. The thought of were going to go, were next, and were going to die right now was so terrifying to all of us. Reporter the fbi will also update its investigation here later today after agents carried out a weekend raid at the home of syed farooks childhood friend enrique marquez. Not considered a suspect but years ago reportedly bought the assault rifles used by his wife and Tashfeen Malik in the attack. Isil does not speak for islam. Reporter sunday night from the oval Office President obama outlined his plan to combat what he calls an evolving terror threat, a plan that includes stepped up air strikes, strengthening the coalitions targeting the Terror Organization and continuing to train and arm syrian rebels. Stronger gun laws, a key he says to saving lives, as the nation continues to mourn the 14 lost in South
Stronger dollar and slowing Economic Growth overseas. Foreign ministers are said to meet in germany for a fourway summit on russia and peace talks aimed at ending military talks Angela Merkel is warning a lack of progress from russia. And the ruble dropping today. Well show you now. And millions of french citizens taking part in an historic march this weekend to pay tribute to victims of islamist militant attacks. A line of World Leaders lead the way. Arms link. Among them israeli Prime Minister and the palestinian president all together. No high ranking u. S. Officials took part. That lead to a lot of criticism. Well have a live report from paris. You saw here covered on the daily news this morning. Sunday more than 40 leaders watched none of the men showed up. The news said you let the world down. So there it is. Some people say eric holder, by the way, was in paris and didnt go to this. I dont know what that says about i dont know. I saw some stuff on some of the websites that said