Figures. Then they began to climb, they climbed into a close of 255 points to the positive, shrugging off the breaking news, and a government report showing inflation rising higher than expected. Very busy hour. Were glad you could join us. Im david asman. Melissa im melissa francis. Lets go to Deirdre Bolton in the newsroom with the latest details on the shoot and what appears to be a possible apprehension. Deirdre. Im hoping that is true. 3200 students are in the building. Its a High School Three floors in parkland, florida. This is 20 minutes west from boca raton. It is north and west of for fort lauderdale, Stoneman Douglas high school. We think one of the suspects, assuming there is one, is in custody but there are reports according to police of at least one death and between 20 and 50 injuries. We do know that the president has responded to this. I want to call attention to his tweet. Were going to put it up on the screens now. My prayers and condolences to the families. Of course essentially just hinting at fact that no parent should ever have to send his or her child, there it is. My prayers and condolences to the families and victims of Florida Shooting. No child, teacher, anyone else should ever feel unsafe in an american school. From the point of view from three of us, melissa and david, who are all parents, no one can imagine a worstcase scenario. We continue to look for updates, of course, confirmation that the suspected shooter has been apprehended. The sadness at least 20 to 50 people are injured. Some of those we may learn in the next few minutes they are in fact fatalities. For the moment, back to you. Melissa deirdre, well continue to monitor the situation. Well give you updates as they come in. David lets bring in pat brosnan, on the phone, a former nypd detective. Pat, it appears to be the perpetrator has been apprehended. We cant be sure of that. This is huge sprawling complex of buildings that comprise this high school. There are about 3,000 students go to this high school. So tell us what police are trying to do right now . Well the first is actually theyre going to try to ascertain whether it is a sole actor or whether there is other individuals working in collusion. Whether one gunman or several. That will be the first. They will operate under the premise that there is more than one until such time they definitely ascertained factbased there is just one or others. Up until that time they will try to compartmentalize the building. That is a massive, sprawling campus. Lots and lots of students, 3,000. What they will do put perimeters east, west, north, south around the building. Lock it down as they have and methodically and factually arrive at facts the first fact to be developed whether it is a sole actor involved. David pat, a race against for some of those who have been injured. You have to make sure there is not more than one shooter f there is somebody still at large, that is a great concern. But at the same time you have to get to the injured as quickly as possible. Actually, actually there are three overarching, there are three overarching missions with Law Enforcement on these type of shootings and incidents at school with this fact pattern. Correct, the safety and security of the students at the school and teachers, getting injured out. Safety and security of broader society, so he doesnt get outside of the parameters of the school area, hurt somebody else, take a hostage, break into a home. The third as i mentioned earlier, to identify the the assailant or assailants. Compartmentalize the area an provide a area of safety and security. David i believe the lead investigator is the Broward CountySheriffs Office. At what point does the fbi step in as the lead investigator . Tough to say. Very difficult to say. The fbis role, you know, post9 11 is not as clearly defined as it relates other than terrorism and bank robberies. As you know it was a different deal a few years back. Not sure. Not sure. There is not, there is not enough facts known or any type of fact the known right now to paint an accurate portrait of what happened here. Is this a student who got ahold after weapon . Is there a Broader Mission . What the totality of the circumstances amounts to. So i concur it would certainly be local right now but could transition into a federal case quite quickly. David pat, i have seen a lot of parents, not surprisingly running to see how their kid are doing there. In a school of 3,000, you could have 3,000 plus parents trying to find their kid. That could be chaotic. Any advice you would give any parents. Oh, it is absolute horror show. Ive been, ive been on these scenes both publicly and privately, you know much we provide security at a number of schools in different states. Its, it is unbelievable. It is human nature. You cant speak to the parents there. Theyre out of their mind with fear that it is their loved one either injured or possibly fatality. They can only contain. They can try to isolate. Again, it companies down to come part mentallization, in terms of geography of the school. Blocking off areas. This is, all we have here is basically unknowns. Never mind who is possibly injured. Never mind what other situation might be developing outside of the line of vision or the knowledge of the local authorities but, there is no way of knowing if any, who the children are or individuals who have been shot or injured. So it is a massive nightmare for parents. It is the ultimate nightmare probably. David of course the police have several different duties. One is assessing the situation, if there are any extra shooters. Two is locking down those places that havent been locked down. Trying to find injured students that need help immediately. Of course be crowd control because of all parents worried about their kid. Exactly. Exactly right. There is safety and security. There is the investigative element of it. There is this the only shooter . There is you know, dealing with the crowd. Dealing with absolutely frantic, frantic out of their mind parents who have no knowledge, nor do the police as far as we understand have any data to convey to them that is factbased. So theyre wearing a lot of hats out there as they always do but, that is why they call them the finest and the best. This is what they do. You know . David just to alert our viewers we have seen video, we were watching before we came live here, just at about 4 00 eastern time, which is the same time down in florida, of a, what looked to be a suspect being handcuffed by police. There you see it, actually play it back, there it is. Melissa there it is. David on the video. It is someone in a red shirt. You can see surrounded by Police Officers. Only color inside of the blue Police Officers shirts there. He has been handcuffed clearly. Im guessing, it is a guess but he appears to be in the young age range, late teens, early 20s. We heard some of the students talk about someone they suspected about that age. This may be the person. Pat, thank you very much. Youre very welcome. Melissa lets bring in bill daly, former fbi investigator. If you stay on the video we are looking at here, we had heard local reporters talking about they had brought some of the kids in the school by and identify this person. That is pretty quick work. In these sort of situations generally tend to end on site. For them to have scrambled out, identify ad person, found them at their home, bill, what do you make of that . Well, certainly, melissa, that is Excellent Police work and certainly i think in some ways probably quite fortunate that it worked out this way. As you said, they sometimes take different paths. Takes a while to fully identify the person or persons involved. Actually to find them and the story. In this case is at least on the initial word that it has come together pretty quickly. However, i mean, i think, just echoing some comments made a few minutes ago, this is still an active crime scene. It is still a place where police are going in, trying to clear rooms, making sure that it is safe for those firstresponders to go in and give, you know, give comfort and give medical aid to those people injured and get them out of that location. But in this case it sounds likes they have also been at same time ascertain through witnesses this person was involved and has now brought him into custody. Melissa yeah. We heard from some witnesses on the scene, there was a parent who said she received a text from her daughter saying, first, dont come. Dont come nearby. Then also saying, mom, i dont want to go to school tomorrow. I think for all of us in the audience that are parents, that it terrifies you and breaks your heart because you feel like, you send your kid off to school, it seems like this is happening, you know around us often. But what do you tell parents, who are at home watching and wondering, are my kid safe . Should i, you know, what can i do . Is there anything i can do . Well i think the things we can do, as parents, and generally concerned citizens is to make sure when we speak with our children, that we give them some tools. One the tools that is provided is what to do when you are faced with these situations. Whether it is in school, whether in a mall, whether it is in a public place. There have been some, the fbi has released some guidance in this. There are training courses that deal with it, schools are enacting it, which is run, hide and fight. Which kind of tells people, listen at the end of the day these things may occur, you may not be able to predict when or where they occur, you can take some things in your own hand. You can get out of harms way in thoughtful process. You can hide and bunker yourself down until the situation passes where you are. In the worst kiss, ultimately faced with final throes of it would be to fight against it. And i think those are some of the things that unfortunately were left with in Todays Society where, the type of training is taking place in the court world, to students, to people across the country just because of where these situations, these unfortunate shooter situations occur. Melissa what do you say people who manage work places or have schools . You know the responsibility of, you know the person that is running the building, so to speak . You know, what can they do to empower their students, to empower their employees to prepare . It seems like this is happening more often . You know, melissa, and youre right. Some of the things that are empowering both have plans to deal with a, how to prevent these incidents if you can. And try to look for anomalies in the behavior especially when places where you can control it, whether it is work place or school and encourage people to come forward people to give their impressions what someone may be perhaps doing, their behaviors, which may indicate theres a problem. Melissa yes. Have a process to escalate that and manage it. As i mentioned before. One of the things people are putting into training is, what to do if youre faced with, involved in these situations, what is your personal conduct . How can you get yourself out of harms way. How can you wait until police arrive. And basically how you can fight for your life if you need to. Melissa bill daly, thank you for your time. David by the way, fox is now confirming that the suspect is in custody. Again there is no telling whether he is the only suspect but a suspect, what we were told, he is the prime suspect in this School Shooting down in southern florida is now in custody. There is a video of earlier as he was surrounded by police. You could see he has got handcuffs on. His hand are behind his back. We do believe this is the prime suspect. We have not confirmed he is the only suspect, but assumed so at the moment. He is in custody. Well keep very close on this story through the hour. You need not go anywhere else. We got it covered. We want to bring in details of the markets which despite the shooting in florida, and despite higher than expected Inflation Report, markets did end up much higher today. The dow closing up 253 points. Nicole petallides on the floor of the new york stock exchange. Nicole, when the market wants to go up, no matter what the bad news, it goes up. This morning, david, we saw cpi come in really an inflationary measure, we saw come in higher than expected that spooked futures. We were down 300 points. The market sold off dramatically, rapidly early this morning. But guess what, if you cant break them you make them. They started to buy the dips and moved higher. On the low point we were down 179 points. But we finished up 253 points. Four days of gains ultimately. That is a big picture of over 1000 do you points. Also taking a look for the year, we saw stock market moving in, from the major averages moving into positive territory for the dow and s p. Nasdaq had already been there. You can see the dow, s p higher. Here is look at 10year treasury on inflationary number. We saw that at fouryear highs. Everybody expecting with inflation Interest Rates move higher that is what spooked the market. We saw gold. That was a safe haven. Gold gained 23 bucks. Back to you. David nicole petallides. Thank you very much. Melissa. Melissa well bring in todays market panel. Jonathan hoenig from capitalist Pig Hedge Fund and fox news contributor. Carol roth, from fault ture file planning system. Brian wesbury chief economist at first trough advisors. Brian, i will start with you, what do you think of the Inflation Report today . What do you think of it Going Forward and the markets reaction . Numbers we saw on inflation today were a little high for the month. Inflation is heading higher. So will Interest Rates. The fed will continue to lift rates this year. But one thing investor have to remember is that these rates are still super low. So the market can take higher Interest Rates. So this, this idea that the market is going up right now in the face of inflation, we already knew inflation was going up. We already knew Interest Rates are going up. We lived through a correction. No one knows why they happen. Everyone, everyone tries to assign all this blame and find an exact reason. It was just an emotional correction. Fundamentally the market is still sound and i expect it to end this year a lot higher than it is right now. Melissa carol, do you agree with that assessment . Yeah. I think in terms of inflation and Interest Rates going higher, that has been priced in large part into the market. Seems like markets are starting to get the ability to out that information as we saw today very rapid turn around. I do think this is something we know is going to happen. We saw a little bit of an overreaction. I started hearing words like stagflation based on one or two data points. I think that is a big overreaction. The fundamentals as brian said are still very strong. I expect that to continue at least for the next six to 12 months. Melissa jonathan, go ahead. People are not frightened enough about this inflation data. In 1974 inflation was the publics number one concern. It was a big concern they had since world war ii. So i think what we kind of write off, oh, just a mild uptick in inflation. The market is underrepresenting it, even though melissa, the stocks go up, the averages were up, the average stock was not up. We saw more 52week lows than 52week highs. Im on the bear fence here. I dont think the market is taking this inflation threat seriously as it should. Melissa brian, how do you respond to jonathan . You know what . Yeah, weve had inflation in the past but remember, just like four or five weeks ago people were looking for an inversion in the yield curve. An some kind of recession. Now all of a sudden we switched to overheating and too much inflation. There is all these macro traders out there. They dont look, in my opinion and underlying corporate data. Corporate profits are booming. When you look at corporate profits, compared to the level of the stock market today. The stock market is undervalued. So, we can have all these macro discussions about whether 1970s inflation is coming back. Whether the fed is too tight or whether quantitative easing is created a sugar high. I think that just misses the picture. Melissa okay. Because these are producing profits. I have to break in. Hang on one second, we have breaking news. This is the School Superintendent. Lets break in. I believe there is an administrator or teacher that is involved. There may be more. I cant confirm if that has been one of the fatalities at the moment. Superintendent, this is a day im sure every superintendent fears and to happen here in broward. Its a day that you pray every day i get up that we will never have to see. It is in front of us. I ask the community for their prays, their support, for these children and their families. Well do whatever we can to come together as a community to pull through this and we will and again were doing everything we possibly can. The students are being evacuated and released at the moment. So were working through that process right now. Reporter are you aware of any indication, any warning, any hint that this student could have been planning . We received no warning, no indication but again there is going to be a thorough investigation. Typically you see in these situations that there potentially could have been signs out there. It we would be speculating if there were. We didnt have any warnings. There were not any phone calls or threats that we know of that were made. Reporter superintendent so many currents a afraid, afraid to send their kids to school. What would you tell them out there . Well what i would say we can not live in a world that is built on fear. We have to do what we can to make sure that we provide the greatest Safety Measures we can for our kids. But what i will tell you is that Mental Health issues in this country are growing and theyre a big challenge and it is something that will certainly need to be addressed within our School Systems as well as in the broader society, to insure that these kind of tragedies dont continue. Weve got to be able to recognize individuals that are in distress, that have challenges and be able to find ways to support them but, our schools, we do what we can to make sure theyre as safe as they possibly can be for our children. And, again