we just heard the president may indeed, may address the nation sometime this evening. that again may. thanks for being with us. cheryl: it is 5:00 a.m. we start with a fox business alert, the breaking news overnight, iran striking back, the regime firing more than a dozen missiles at facilities that house u.s. forces in iraq in retaliation for the death of general qasem soleimani last a week. iran's supreme leader calling the attacks a slap on the face for the united states. lauren: the world is waiting for a response from president trump. we are covering the breaking developments. cheryl: let's take a look at how u.s. markets are responding, after initially falling over 400 points, the dow has come back substantially overnight. investors are weighing obviously what the next move is going to

be from the united states. the dow is down 77 points, s&p down by 2 and three quarters, nasdaq down by 13 and a quarter. a stunning reversal for markets after initially falling overnight. lauren: maybe responding to no u.s. casualties. let's the take a look at the initial oil reaction. wti is higher by 0.4%, 62, 95 a barrel. gold pierced through $1,600, but now 1585 an ounce. cheryl: stocks in asia taking a hit from news of the missiles being fired into iraq. as you can see, substantial losses, asian markets closing, we should add, before more news headlines coming out. the nikkei losing more than 1 and-a-half percent. shanghai down more than 1%. kospi lower as well. lauren: european markets responding to all of this right now. they are trade offing to the downside. the worst performer is the dax in germany, down half of 1%.

good morning at home. i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. and we begin with this breaking news overnight that iran has targeted u.s. troops in iraq. iranian forces fired multiple missiles at facilities that house american service men and women in a massive show of retaliation for the death of general qasem soleimani. lauren: rick leventhal is in the middle east with the breaking overnight developments and early reaction. rick, good morning. >> reporter: cheryl, lauren, this missile attack was not a surprise to u.s. authorities who had taken defensive actions knowing that iran would respond to targeted killing of one of their top generals last week. no u.s. casualties but iran's supreme leader saying he slapped america in the face. now the ball is in the president's court after this missile attack. 15 ballistic missiles fired by iran overnight at two military bases used by u.s. forces. four missiles failed in flight.

the other ten struck a facility north of baghdad where coalition forces often launch drone attacks. video out of iran shows what appears to be some of the missilemissile in flight at nign the way to their targets. we have images of iranians in the street celebrating the attacks. no reports of any u.s. casualties. after the strikes, the iranian foreign minister tweeted iran took and concluded proportionate measures in self-defense under article 51 of un target, targeting base from a cowardly attack were launched. we do not seek escalation of war but will defend ourselves against any aggression. the pentagon p released its own statement saying in recent days and in response to iranian threats and actions, the department of defense has taken all appropriate measures to safsafeguard our personnel and

partners. these bases have been on high alert. as we evaluate the situation and our response, we will take all necessary measures to protect and defend u.s. personnel, partners, and allies in the region. iran's ayatollah says if the u.s. retaliates he will too, likely hitting others in the region including gulf states and here in israel. after the targeted killing of general soleimani last week, u.s. secretary of state mike pompeo said the u.s. remains committed to deescalation, so now we wait for word from the white house on what the next move might be. cheryl, lauren, back to you. cheryl: and rick, thank you. let's pick this up right now with the heritage foundation's vice president of national security and foreign poll circumstance james caraf a ano. we are awaiting a statement from president trump. investors, global markets have pulled back in their reactions to this because of a lack of u.s. retaliation on an instant

basis. does the u.s. retaliate when the iranians, quote, said their strikes are concluded? >> i think all this signals from the u.s. so far is it's going to be a restrained u.s. response. the information we have, it wasn't so much as an attack on americans, as it was a face-saving retaliation. there were no u.s. casualties, there is a report there were no iraqi casualties. it doesn't seem like an attack. i think the markets recognized that, they see the signals coming out of washington. markets and oil, i think it will all calm by the end of the day. cheryl: if you look at the two facilities that they targeted in iraq, and we've got maps to show this, this was a missile strike obviously but not a drone strike. they didn't go after any other parts of the region. investors are nervous about a regional conflict. iran could have made a strike

closer to the border of iran and iraq and it did not. what do you make of that? >> they wanted to kill american casualties, there's lots of things they could have done. the aattack on the saudi infrastructure, that was missiles and drones, but it was the drones we believe that really did the precision targeting of really hitting specific things. so you're shooting a ballistic -- an iranian ballistic missile 400 miles at a target a couple of square miles, that's a hard thing to hit. you would really want to volley and really target to do that. it doesn't look like they did that. cheryl: you know who doesn't want this conflict to escalate? the saudis. the irans, after saudi oil facilities, the united states didn't respond to that. the saudis, there was a top official in washington yesterday, it seems that if the iranians were going to go after a regional conflict they would go after not just the saudis, but you've got qatar, uae and

israel. >> if you read the iranian statements, they're really very telling. like we're done here, okay. so they did what was essentially a demonstration. they're saying they're done. they're saying if we don't shoot an iranian territory, they'll do nothing. then they say yeah, we'll shoot at other people. it appears to be a face-saving look tough kind of thing but actually do almost exactly the opposite. cheryl: as we look at the dow right now, we're down 84 points, dow futures, not 400. i think that's very telling of the current situation this morning. >> it will be wiped out by the morning. cheryl: all right. james, thank you for joining us on the breaking news. we appreciate it. lauren: breaking overnight, a packed passenger plane has crashed in iran, killing everyone on-board. pilots reported an engine fire moments before the ukrainian international airlines flight went down. the boeing 737 jet, it was not a max, a regular 737, had just

left the capital on the way to ukraine. they are working to pinpoint the cause of the crash. there were no americans on-board the plane. the head of iran's civil aviation organization announced they will not give the plane's black box to boeing. cheryl: also happening overnight, in iran, a 4.9 magnitude earthquake strikes near nuclear power plant on the western part of the country, near the persian gulf. you can he see here. so far, there is no word on damage to the plant or deaths related to the quake in iran. this is believed to be a natural event. lauren: iran firing missiles at american troops in iraq overnight, causing mounting concerns of home-grown attacks right here at home in the u.s. cheryl: maybe cyber attacks. the faa is keeping a close eye on the skies above us. had they have now banned all u.s. flights in parts of the middle east, these planes cannot fly over the regions of iraq, iran and other gulf states. lauren: let's go to jackie

ivanyez with more on the potential threats we could be facing. >> reporter: texas' governor is warning of iran's cyber attacks. they have tried attacking more than 6 mill i don' 6 i don't 6 . they are looking to delete and block all malicious activity on government servers. dan patrick issued this warning on fox news. listen. >> we want to alert everyone to to be very prepared because iran, if they're hitting us with 10,000 scans a minute that we know are coming from our country, they may be attacking us through other proxies, from other areas, then they are serious about trying to get into of government and i believe big corporations in this country. >> reporter: and right here in

new york city, security is ramping up in the wake of iran's missile attacks. nypd counter terrorism tweeting, quote, the nypd is closely monitoring the events in the middle east. there are no specific or credible threats to nyc. the nypd continues to have increased deployment and added resources a-- adjusted resources across the city. the f after aa is banning all u. flights over iran, iraq, persian gulf and the gulf of owe man of. the faa says it's working with the national security to closely monitor the middle east, sharing all information with u.s. airlines to protect american passengers. international airlines are also diverting flights from iranian air space. back to you guys. cheryl: jackie, thank you so much for that live report. lauren: carlos ghosn is set to break his silence for the first time this morning in lebanon following his dramatic escape from house arrest in japan last week. he told maria bartiromo he can

prove he was the victim of a coup and he will name names following his arrest last year on charges of financial misconduct. cheryl: his legal team calling out nissan, accusing the koch conspiring to take down their client. ghosn's attorneys blocking japanese prosecutors from using a search warrant to seize a computer that ghosn used while out on bail. interpol, the international police agency, issued a grow l l notice for ghosn although it doesn't force japanese officials to arrest him. the news conference is expected at 8:00 a.m. eastern time out of lebanon. wildfires continue to rage across the country of australia. lauren: what a situation. tracee carrasco here now with those details. good morning, tracee. tracee: good morning. police charging 24 people for intentionally starting brush fires and legal action taken against 183 people for fire related offenses in the state of new south wales. some of the complaints include failing to comply with the total

fire ban and discarding lit cigarettes on the ground. so far, two dozen people have died in the nationwide fire season. despite much-needed rain across the country, officials raising concerns that lightning may spark more fires before hot and windy conditions return. the fbi asking for apple's help to unlock the pensacola shooter'pens co---pensacola sho. it is password protected. the fbi asked for a response by this afternoon. apple telling fox news they have always worked cooperatively with the fbi and have given them all the data they had in their possession. they also pledge to continue to support them with the data they have available. the a attack at the pensacola naval air station killed three people and injured eight more. walgreens set to report earnings this morning before the bell. the company is expected to report a profit of $1.41 a share

on $34.6 billion in revenue. investors also looking for news that the company plans to go private. isonos is suing google, accusing google of stealing technology and infringing on its patents. it is seeking to ban the sale of google products that feature the technology including speakers, smartphones and laptops. the two companies originally collaborated. they say the relationship soured after google began to power its partner in the speaker industry. they tried to address the issue before filing the suit. cheryl: let's take a look at futures this morning. we saw a reversal overnight. the dow was down over 400 points, now we're down 85 points. steven inniss says this is because of a lack of u.s. retaliation. they're worried about a regional conflict. we'll get into that later. the dow is down 86. s&p down 3, nasdaq down 15 and a quarter. coming up, the world is waiting for a response from president

trump to this late night attack. we're going to take a look at how markets and lawmakers are responding this morning and what this means for americans here and abroad. keep it here on "fbn: a.m.." ( ♪ ) ♪ the sun is risin' ♪ ♪ as the day begins ♪ time for reflectin' on family and friends ♪ ♪ and hey, we got somethin' ♪ ♪ just for you (sniffing) ♪ it's a cup of your favori-i-i-ite... ♪ (loud splashing) (high-pitched laughter) dang woodchucks! with geico, the savings keep on going. just like this sequel. 15 minutes could save you 15% or more on car insurance.

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and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk cheryl: we're getting more breaking news, we're learning that iraq's prime minister knew about the attacks on u.s. soldiers before they started. iraq's prime minister said they received a verbal message from

iran just after midnight and were told attacks would only be on locations with u.s. military but was not given the exact locations. iraq's prime minister received a call from the u.s. while missiles were falling on bases where american soldiers were being held. lauren: it seems like this was a well-coordinated iranian rel tall tri attack. -- retaliatory attack. let's get the market reaction. futures well off the lows following the missile strike in iraq. our next guest says he wouldn't be surprised to see the markets close higher today. todd horowitz is that analyst, the chief strategist at bobo trading.com. the dow is down 59 points. no big deal. why don't we see more panic? >> good morning, lauren. you have to remember, markets themselves, forget about what happened, markets themselves are in an you up trend and we continue to go higher. once we saw that the bombing start last night whichs is around i guess about

7:00 eastern time, our time last night, the markets immediately tanked which is typical. you get the fear and the panic came in. and finally everybody realized it wasn't that big a deal. it didn't really change the market die micks -- dynamics and we've seen the equities rally and the fear assets of oil, gold, bonds, fall. and i think that's what you can expect to continue to see throughout the rest of the day. i think that the initial shock is over. we saw it. it happened. and as typically happens in markets that want to go higher, the news becomes very little effect after the first burst of what we you saw. lauren: the defense stocks, lockheed martin, raytheon, they are higher as you would expect. what happens if president trump retaliates militarily against this iranian retaliation? would investors not be worried about that? >> actually, i think investors might even take some calm in

that. if we go back to the gulf war, if you remember, the scud missile bombings that we did, the markets exploded higher when we took the second step. i think that markets will feel much better if trump does go after them and take care of this because i think we need to put this to rest and have to take on all this cyber security and all the other issues that are surrounding this problem in iran right now and i think that the markets would be much happier if trump took care of business and took care of it very swiftly. lauren: you are bearish on markets overall. what you're saying now is that president trump and the u.s. is handling the middle east mess that's good for the markets, get it over with and the u.s. economy is strong, so stocks end higher today and go up from here? >> yeah, i think they get -- look at at, they're going to go up until they stop going up. we haven't seen an explosion to the upside in markets. we've seen this continuing dull market rally which, again, i

think the next real big move in markets will be lower. however, i'm long the markets and will stay there until we see some evidence that we're going to start to go down. right now, there is no evidence that the equity markets are going to start to go down anytime soon, so for now, higher they go and the perfect evidence is what happened overnight. they've already rallied almost all the way back. lauren: the s&p 500 is unchanged. todd horowitz, thanks for joining us. cheryl: he made a good point about security stocks as well. see how the software security companies do today. we have a lot more coming up. as iran launches attacks on u.s. forces in iraq, the white house is gear upping for an impeachment trial in the senate. we'll have the latest on the pelosi, mcconnell back and forth. plus, in less than three hours we're going to hear from ousted nissans boss carlos ghosn in his own words. he's expected to hold a press conference in lebanon. is he still in legal jeopardy?

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cheryl: in just a few hours, we're going to hear from former nissan boss, carlos ghosn, in his own words, these are going to be his first public remarks since his escape from house arrest in japan last week. here to help us break it down, criminal defense attorney david bruno is with us. is he in legal jeopardy? he's quote, unquote, an international fugitive. is he in legal jeopardy, even though he's in lebanon. >> the charges from japan still are in effect and there are warrants out for his arrest but he's in a safe place right now. because lebanon does not have a treaty for e extradition with japan. if he stays there and len

doesn't push him -- lebanon doesn't push him you out, it will be hard for japan to get him. cheryl: he's safe in lebanon from a legal perspective. >> yes. cheryl: i want to move on to the other big story, impeachment, pelosi and schumer want assurances of a trial in the senate. she hasn't sent the articles of impeachment over. is that bad for her under the constitution? is there a timeframe she has to meet? >> no timeframe. it is interesting as to why this is being held. i mean, if there's such danger to security, then why not send it over to the senate and get it moving? but schumer and pelosi are trying to get assurances on the procedure. but that's really not their job at this point. the house is over. and they voted and there's articles. now it goes over to the senate. it's the senate and the republicans control. so if mcconnell has the votes, if he has the majority, then he will set the procedure. cheryl: he will set it as he

sees fit since he is the majority leader of the senate. not chuck schumer. let's move on to hai harvey wipe weinstein. we're learning 80 people may testify against him. there's new charges in los angeles. does he go to jail during the trial and what do you think the legal jeopardies for harvey weinstein right now? >> he's you out on bail. so -- he's out on bail. cheryl: you don't think he'll go in at all? >> there was an application made yesterday, in light of the nuchal importannew california . he almost went to jail for something else. he was on his phone and the judge scolded him and he said if you're going to be on your phone, you are going to jail. there's been two days so far. la charges on tuesday. yesterday we had the phone incident. and there's going to be fireworks coming out of that court for the next couple months. cheryl: he might get out of this. >> i think he may. there's only two victims in the

indictment. jury will have of to be unanimous. one of the victims was continuing to e-mail harvey weinstein after the alleged rape including, hey, i want you to meet my mom, i got a new phone number, i want to you have it. not really consistent with a victim, in my mind. cheryl: someone that says no and no means no. let's move on to the fbi and aphe pell. the fbi wants apple to turn over and unlock the phone in the shooter of the pensacola incident. three people died there, eight were injured. this is the saudi pilot. now, do you think that apple has a legal responsibility to respond to the fbi and unlock the phone? >> well, they did put out a statement saying that they are cooperating and they. cheryl: but all they said was cooperating. >> correct. cheryl: they didn't say we're unlocking the phone. >> sometimes it's helping unlock a phone. sometimes they're even asked to develop new formulas in the phone to crack passwords, depending on the ios operating

system and the updates. so we'll see. cheryl: we'll see. well, we're waiting for more of a response from apple. they say they're cooperated. david bruno, thank you very much. >> always a pleasure. cheryl: look at at the s&p, wow. >>.lauren: it was up moments a. now completely unchanged. whether you're seeing is stocks pairing the earlier, bigger losses. the s&p had actually been down 2%. now it's up a quarter. up next, as we await president trump's response to iran attacking u.s. forces in iraq, what does this mean for the u.s. military and americans abroad as well as at home? as the left continues to attack the president for his strategy or lack thereof with iran, does that help him re-election in 2020? we're breaking it all down next on "fbn: a.m.."

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lauren: welcome back to our continuing coverage of the iranian attack on american soldiers at two bases in iraq. here is what we know so far.

in retaliation for the killing of iranian general qasem soleimani iran launched 15 missiles, ten of which fell on an air base, one fell on coalition in iraq. there were no u.s. casualties in either strike. iran's supreme lead re leader ig for u.s. troops to leave the region and said resuming nuclear talks would only pave the way for u.s. dominance in the mideast. joining me now, jessie jane duff, a retired gunnery sergeant in the u.s. marines. what should president trump say when he does address the nation this morning? >> the first thing is he wants to assure americans that he has no interest in war with iran and that our measures were preemptive in killing soleimani for our troops that are based overseas. all americans are very, very concerned about the welfare of our military personnel based over there. the second thing he will

probably give to the american people is the information in which soleimanis was planning the death of americans. essentially, he was in baghdad, not in iran and the u.s. had been tracing his steps and was fully aware of what he was up to and none of what he was doing prior to the event in baghdad airport was that, that demonstrated that he had no interest of u.s. forces surviving. so they were quite aware that there was nothing good coming from this man being in baghdad, essentially. lauren: let's say that is what the president says. what do you think the president should do now that iran has struck back? >> well, the strike was quite obviously not intending to kill american forces. i think this was more of iran demonstrating to its people that they are strong and bad and very, very capable of defending themselves to try throw reassure their own -- to reassure their own forces that they have strength against the military might of the united states.

none of the targets they aimed at had a death toll for americans. however, we also know that if they were serious about killing u.s. personnel that, could have done just that. we have lots of military personnel in the middle east. we have 5 you thousand i 5,000 y 50,000 based throughout the entire region. we have to watch what their next steps are. i don't expect the president to retaliate against any iranians. he may not even strike back. simply put, he knows this was just their way of trying to save some form of face. it's up to the president what the next steps are. i don't expect there will be any iranian death toll if there is any response by this administration. lauren: it was an intention inl miss by iran. you don't expect president trump to retaliate. do you expect iran to retaliate further in different ways, specifically what happens to the four americans held hostage in iran? >> well, you know, that's a very good question. we have proxies from iran

throughout the region. we know hezbollah could have attacks. there's many ways the iranians can go after u.s. interests. but they do know now that president trump keeps his word. if any american blood is shed you such as the contractor on december 27th there will be a force of retaliation. we have the harry s true man trp off the shores, we have a submarine, tomahawk missiles that are preprogrammed to their targets so it's not necessarily a risk that iran wants to take, our targets could be hit very accurately. the president may go after the missile sites where the sites were kateed and that would -- located and that would be bad. lauren: thank you very much. cheryl: we continue to watch oil this morning. we had seen a selloff in the oil markets, both in wti and in brent overnight. look at this. oil is now only higher -- excuse me, there's a big bump in prices. this has come back.

the oil contract has come back from the large percentage gains that we saw overnight on the wti and the brent. i want to bring in phil flynn to help me break it down and correct me on my ad lib there. i thought it was so interesting there. we had a big escalation, a jump in oil prices overnight. now we're seeing -- we're only up nine cents on the contract. the s&p and the nasdaq are starting to hit positive numbers. >> exactly. cheryl: we seem to be backing off of concerns about this missile attack. >> we really do. i think the reason is, is that the way iran struck back, it's very apparent that it was in a way they didn't want to escalate the situation. in fact, there was a report just today that iraq was warned you ahead of time that this attack was coming. iraq probably told the u.s. and in that, that probably reduced the risk of any casualties. it's clear iran wanted to slap us in the face but at the same time not escalate the situation. that's why we're seeing the price of oil really start to

come back down. cheryl: it's interesting, because if we would have seen an attack like this even five years ago, i wonder if the jump in prices would have been more extreme because we were importing more middle east oil and obviously the iranians can still go after the strait of hormuz. they did it over the summer. they can do it again. you were saying only 25% of mideast oil is imported in the united states. we've got domestic production game going strong. >> we have a production wall that is protecting against price spikes. i would imagine if this happened 10 years ago we would have seen the price of oil go up $10 or to the daily limit and really lock because that's what we've seen in the past. but not so much anymore. we're a lot less dependent on foreign oil. after the opec production cuts we're getting less oil from the middle east. i will say this, though. when we look at what has happened overnight with the price of oil, i think the market is saying that this was an a

attack on military installations, not on oil. so this is a big change from what we've seen from iran in the past. so there's an assumption here that they probably won't attack oil at least on this first round. cheryl: to your point, they had gone after the saudi oil facilities over the summer. they didn't do that overnight. they were targeting u.s. troops, so a different type of attack. gas prices going up a little bit overnight, the concern for the market in general is inflation from gasoline prices for the year. final word? >> i think we're going to see prices go up this year but mainly for good reasons, not because of this attack, because of strong demand. and we're very well-supplied with gasoline right now. supplies jumped in last night's report. we're pretty well-supplied. that should cushion a major run run-up in the near term. cheryl: phil, thanks for getting up early. we appreciate it. lauren: stock futures, what a u-turn the markets have made. the dow was down well over 400

points, now it's down not even 50. the s&p and nasdaq are each higher by 1 point. up next, as our forces deal with iran's attack abroad, should americans here worry about an attack on american soil. one facebook executive claiming to hold the key to the future of our democracy. we'll have those details straight ahead on "fbn: a.m." i. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk

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remarkably sang her way to the finals. but the real miracle is that she even made it to the stage. when she was four, she she survived sepsis. when it comes to sepsis, remember: it's about time. watch for: t - temperature that's abnormal. i - signs of an infection. m - mental decline. e - feeling extremely ill. take the time now to learn more at sepsis.org. cheryl: there's other headlines we are following this morning. one facebook executive says that

the social media platform could determine the 2020 election. lauren: that's pretty unbelievable that that is being said. shocking news and tracee carrasco is here now with those details for us. tracee: yes, well, the new york times first published andrew bos bosworth's internal memo. he says president trump's election wasn't because of misinformation but because of the strength of the president's digital campaign. he said he wanted to do what he could do to prevent the president's re-election but he says he has a moral duty not to do so. cnn reached a settlement for the defamation lawsuit filed by a kentucky high school student. this video from last january shows covington catholic high school student standing close to a native american man, nathan phillips. both were at the lincoln memorial for a march for life

rally. cnn and other you outlets depicted nick sandman and his classmates as racially insensitive. sandman said he was trying to diffuse tensions. the u.s. base force is looking to get a boost from private companies. beginning next month the defense agency will hold a pitch day. the agency will solicit competitive proposals from commercial technologies in the hopes of accelerating the building of space defense capabilities, information technologies will be among those sought. finally, uber taking further steps to enhance safety. uber will be sending out four digit pin codes to users in the u.s. and canada, passengers must give that code to their drivers who will enter it into the app to verify the driver. uber says the new feature will be available by the end of the week. cheryl: look at the license plate. if you call a an uber, make sure

that matches. that's the easiest way to verify. tracee: and the signs that are lit up, that is also helpful to look at. lauren: let's get back to iran, our top story today. some are worried about retaliation on american soil. we're joined by former senior military officer steve rogers. steve, thanks for coming in. what an important day to have you and your perspective. jackie reported earlier cyber attacks in texas. can you quantify the threat here at home, whether it's on american soil or on the internet? >> to begin with, the president president should be commended for the way he has managed this crisis, that includes the potential of cyber attacks. he has brought together our national security agencies, our military and corporate america as partners in order to ensure that our infrastructure, our cyber infrastructure here in america is protected. there's always a potential for cyber attacks. there's no doubt in my mind that not only iran but perhaps other nations that are not friendly to us have always looked at trying

to disrupt our infrastructure with regard to cyber attacks. we've been well-protected. we haven't suffered any catastrophic cyber attacks. i don't anticipate that happening. lauren: is it going to get worse, steve? the texas govern r no governor s at a t rate of 10,000 times a minute. should businesses and american citizens be worried? >> the fact of the matter is, there will always be and there has been for quite some time attempts to disrupt our air travel, for example, or to disrupt any communication systems in america. we're always concerned but we cannot be paralyzed and we have not been paralyzed and i wouldn't worry about it very much. we have a great, great defense system set up and i think we'll do very well as we move forward. lauren: at the top of the segment you said the president should be praised for his action and his decision with taking out the iranian general and the like. you don't really expect

democrats to give him credit, especially those running for 2020 for the presidency of the united states to give him credit today, do you? >> it's a darn shame there's a possibility of us going to war and they went out of their way to criticize the president and what they do when they criticize the president is send a clear message to the iranian government that the country is divided. the country is not divided when it comes to military actions. the american people are standing with president trump. i hope the democrats wake up and realize that they need to do more in supporting our president and our troops than what appears to be supporting the iranian regime with regard to their sympathies which is really misdirected. lauren: you have military experience and a background. the iran foreign minister tweeted in part, iran took and concluded proportionate measures in self-defense. does that suggest to you that, a, iran is done with their retaliation and, b, that that's the off-ramp for president trump

to maybe not respond or do you expect him to respond? >> well, indeed the iranian government sent a clear signal that they don't want a war, that they're done. they're done because they realize that this president is not fooling around. they're done because they realize if they kill any americans or take this a step further, that the response will be catastrophic to them. kudos to president trump. he knew they were going to respond. he knew they had to respond. this was a face-saving response. by the way, it was more of a message to their own people that they did something. i'm sure the president is not going to respond aggressively. lauren: steve rogers, thank you very much. cheryl: that's a big piece of what we're seeing in the market reaction overnight is that this lack of u.s. retaliation against the iranians for these strikes against facilities housing u.s. troops, now the dows was down more than 400 points last night. we're only down 3 l 38 right n. a massive reversal in markets. s&p is higher by 2 and three quarters, nasdaq is higher by 4

and a quarter. one market strategist says the worry now is a regional consistenconflict. at this point the u.s. retaliation, lack thereof, big torstory. lawmakers speaking out. does the attack derail nancy pelosi's plans. having a hard time talking to your kids about the conflict with iran? well, coming up, the bizarre add a vice timadvice time magazine g to parents. stay with us on "fbn: a.m.."

cheryl: we want to show you -- there was a plane crash in iran, a ukrainian jetliner, a 737 800, not a max, took off out of iran's main airport.

it crashed shortly after it took off. it was an a engine fire. those are the reports. right now, though, ukraine has just suspended all flights to iran. the prime minister was asked by a reporter, this is just crossing on the wires, did iran have anything to do with this crash. he said do not speculate. again, a boeing 737-800, not a max, crashing. there is pressure on boeing in the premarket, down almost 2%. lauren: it's a defense stock. the other defense stocks are higher today. president trump tweeting overnight that he will address the nation later this morning as reaction continues to pour in from washington. democrats have been quick to slam the president, claiming the world can't afford war. cheryl: griff jenkins live in washington this morning as the president plans his next move and nancy pelosi needs to plan her moves. good morning, griff. >> reporter: that's right, cheryl and lauren. good morning. it's unclear exactly when the nation and the world will hear from the president. we know it's some time this morning. we expect him to give an update on the latest developments, what it means for the country and our allies and likely have a stern message for iran's supreme

leader as well. that reaction from capitol hill has been swift and harshly critical from democratic leaders like speaker pelosi tweeting this statement out. we must ensure the safety our service members including ending needless provocations from the administration and demanding iran cease its violence. america and the world can not afford war out on the campaign trail, democrats were warning of a widening war and a pointing the blame at president trump. >> mr. president, you have to explain your decision and your strategy to the american people. that's your job as president, mr. president. >> this is a reminder, why we need to deescalate tension in the middle east. [ cheering and applause ] >> the american people do not want a war with iran. >> reporter: there's was warning from the only candidate who has

seen combat in iraq. >> it would make the iraq war look like a picnic, compared to the devastation and destruction that would be caused by going to war with iran. >> reporter: meanwhile, republicans rallied behind the president. house minority leader kevin mccarthy had this to say. >> the president sent a very clear message with one missile going through, taking out the individual that had killed more than 600 service men and women that serve us over in iraq. >> reporter: cheryl, you mentioned what are the next steps from the president and from pelosi. it's unclear whether or not the speaker will still push for a vote on a war powers resolution today. we'll have to wait and find out. she's got -- cheryl: she's got articles of impeachment sitting on her desk too. griff, thank you. lauren: time magazine is getting backlash this morning for publishing this guide online meant to help parents explain the killing of iran general

qasem soleimani to their children. it's raising eyebrows with questions and answers like why did the u.s. take action against soleimani. president trump has just called soleimani a terrorist. many are slamming this article for leaving out the key details like soleimani was responsible for the deaths of hundreds of american lives. cheryl: 608 to be exact. wow. we're going to continue our coverage of the rising tensions with iran overnight. we are waiting on president trump's response. he's expected to address the nation later this morning. stay with fox business.

lauren: take a look at futures, dow is down just 3 point, boeing is down 2%. that's why the dow is done, s&p and nasdaq both higher today. cheryl: how the president will address the nation this morning after iran launched 15 ballistic missiles into iraq targeting u.s. forces, 10 missiles striked the al-assad base, 4 missiles fail today hit target at all, american military are confirming there were no u.s. casualties, the attacks retaliation after u.s. air strike killed iran's

military leader. lauren: they promised retaliation and retaliation we got. he calls them, quote, a slap in the face for america, iran considers the strikes to be, quote, proportionate and defensive response to killing of general soleimani an not escalation of war. cheryl: the president is confident, more powerful, we have the most powerful well-quipped military by far. lauren: that does it for us, mornings with maria start right now. maria: ladies, thank you so much, i'm maria bartiromo, thanks for joining us, breaking news today, wednesday january 8th, top stories right now before 6:00 a.m., breaking news this morning, showdown with iran, global markets rattled after iranian missiles fired at air base in iraq, the housing american troops, iran says it does not seek war, no report

casualties, president trump will deliver a statement later this morning, we will take that for you live. we have you covered on what it all means. markets have recovered from the lows hit overnight once the news broke of missile attack, dow futures down better than 400 points. duh -- dow futures down and nasdaq higher by 15, complete reversal, flight to safety is on, oil and gold rising on the news, gold soaring up above $1,600 overnight, giving back some of the gains right now but still you're looking at gold up 7% just in about a month, oil prices right now up half a percent, deadly plane crash in iran meanwhile, boeing 737 bound for ukraine goes down shortly after takeoff killing all 176 people on board, boeing stock under pressure this morning on