fighting into gaza. and you heard earlier the plan from michael mccaul, the chairman of the house foreign affairs committee, telling us that this is going to be the bloodiest part of this war where soldiers go house to house trying to find hostages and kill terrorists. so, of course, we're going to be covering that all a day and until we see this war come to a close. it looks like it's going to be months and months, ongoing. i want to thank everybody for this conversation, tomas, dan, louie, mark, brenda and cheryl. of course, great coverage. dow industrials about 30 minutes before the opening bell up 54 points on the dow, the nasdaq up 11.5. we'll hand it over to "varney & company", stu, take it away. stuart: good morning, everyone. at this moment sirens are alerting israelis to rocket attacks across the country. timed to coincide with secretary

of state blinkenning's powerful message of u.s. support for israel. we will have more on the escalating violence in just a moment. here at home inflation is the big financial and political news of the day. in the last 12 months, consumer prices is have gone up 3.7%. that's the same increase as reported for the previous month. now, before those numbers were are released, stock prices had moved quite sharply higher, dow was up about 120, 150. here's where we stand now. the dow is still up but not as much. it's up 50 points at this stage, s&p up 4, nasdaq up 11. still a little green. before the inflation numbers, interest rates were edging lower. now we have the 10-year moving up, 4.60, and the 2-year, same story, moving up in yield. you're now at 5.05 on the 2-year. this is good news who drive gasoline cars. gas keeps edging lower, down another 2 cents overnight. back to $3.64. diesel down 1 cent at $4.48.

okay. more details from the war. 25 americans confirmed dead in israel. an unknown number being held hostage. advanced knowledge of the october 7th attacks was restricted to just five hamas leader. it was planned for two years. israel is launching bunker-busting missiles into gaza trying to get rid of those tunnels or that are used for weapons storage. the ground invasion has not started. 40 no mention of iran from secretary blinken this morning or from the president yesterday. domestic politics, steve a scalise won the initial vote for speaker. there'll be a formal vote later today, but there's no certainty that a speaker will be chosen today. one last one. are we're going to completely change the subject. why not? there is one winner in the $1.76 billion powerball winner bought at a liquor store this in frazier park just outside los angeles. thursday, october 12th, 2023. "varney & company" is about to begin.

♪ ♪ if. ♪ ♪ stuart: the war, start with this: 25 americans confirmed dead. morning, lauren. what else do we have? lauren: 17. missing. israeli troops are waiting to move into gaza. benjamin netanyahu vows every member of hamas will be a dead man. now, the challenge for the israeli forces is destroy the tunnels used by hamas. hamas has hostages -- says hostages are in those tunnels. president biden is working to get the americans out at home. >> the press is going to shout to me and many of you are that, you know, what are you doing to bring these, get these folks home. if i told you, i wouldn't be able to get them home. folks, there's a lot we're doing, a lot we're doing. i have not given up hope on bringing these folks home.

but the idea that i'm going to stand here before you and tell you what i'm doing is bizarre. so i hope you understand how bizarre i think it would be to try to answer that question. lauren: we can tell you this, the secretary of sate is this in israel, and the deputy special envoy for hostage affairs is with tenny blinken. -- tony blinken. stuart: by the way, i think the president's right. lauren: i agree with you. it foils the plan. stuart: you've got to be secret in negotiations. good thing too. thanks, lauren. join fox corporation in supporting the israel emergency fund in association with united jewish appeal. just scan the qr code or donate at uja fed new york.org. all right, a new fox poll shows that here at a home an overwhelming, a very large majority, 68% of voters, support israel. 18% support that that a the palestinians. todd piro with us this morning. that's pretty strong support. >> not surprising support when you see the images coming across our screen. but i'd like to focus on the

palestinian number there. i think to many americans they may associate palestinians with hamas, and that is a huge row to hoe for the palestinian authority. because if they're associated with hamas, obviously, hamas is the one causing this destruction, those numbers are going to decrease even further. it is the incumbent upon the palestinian authority to figure out a solution with israel before he's too late -- it's too late, but it does appear like it's too late. what was so fascinating to me, stuart, we dipped into a press conference with the israeli president, herzog, to that comment but you're going to kill up to 2 million of the innocent people in gaza, he responded they had an opportunity to overthrow hamas during their time there. now, whether that's true or not, i'm just reporting what was said. and so when i hear something like that, stu, it leads me to believe it may be too late for the palestinians to negotiate or do anything with israel in light

of the horrificness that we're seeing upon our screens. stuart: one quick point, that poll that you quoted was taken between october 7th-9th, before the truly horrific atrocities were revealed. so i suspect the support for israel could actually go up once all of those images are in part of the poll. >> absolutely. stuart: okay. this is for you. republicans have chosen mccarthy's replacement as speaker, it is steve scalise. but there's still questions. does he have enough votes in the final vote? >> we had greg steube on, on my show last block of the show, and he made a very interesting point. he said, look, the people that kicked out kevin mccarthy, it was only about 4% that kicked him out. when you look at the numbers for steve scalise and jim jordan, steve and a reese -- jim jordan has a lot more than 4%. so e concluded we're further behind than when we kicked out kevin mccarthy. he's like we're nowhere near a

solution, and he's not sure we're going to have anything by noon today or beyond. and he even said, look, i'm still voting for jim jordan. even though jim jordan himself said everybody vote for steve scalise. so i took away from that interview we're in a pickle, and this pickle is not getting better. it is a really bad situation, and it's not getting better, stu. stuart: yeah. and you can't aid israel and ukraine with until you've got a speaker to get something done. >> and you'd think the events of the last week would have expedited stuff. not so. stuart: we'll see how that works out. let's get back to inflation, that would be the consumer price index announced this morning. lauren's here, 3.7% over the year. what have you got? lauren: slightly hotter than expected. annually prices up 3.7% and 4.1% if you take out food and energy, shelter accounted for half of the increase. in the past year with, shelter prices are up over 70%. food away from home, if you go out to eat, up 6%.

gasoline, 3. new cars, up 2.5%. so that's where your money's going. social security, the cost of living adjustment for 2024 just 3.2%. so it's not keeping up with where inflation really is. stuart: got it, okay. thanks, lauren. look who's here now, gary kaltbaum, okay? gary, we need your expertise on the market this morning bigtime, and i might ask you about israel as well. but first, the markets. i understand you bought end recently google, meta and ine vid ya. why? >> simplistic, the strongest stocks in the market with great earnings and revenue growth. and in particular google and meta. already new yearly highs while so many areas are so weighed down. i'm just a big with believer in the markets erase and you go with the strongest. but i do have to the say 70% of the market still, stuart, is in down trends. that's where where i'm going to be very, very careful, because if they start to get the leadership again, the market's

going to be in big trouble pretty quickly. what i mean by down trends, just two steps down, one step up for so many areas that are way, way down. there have been some retail stocks and financial stocks that have just been bludgeoned, down very, very big in this the their bear market. so i'm cautiously optimistic on a narrow group of names, but that's about it right now. and so far so good with those names. stuart: it's not much fun investing in stocks these days, is it? it's not like the good old days where are you could pick up a few stocks, and you were pretty sure they would be going up nicely. it's not like that, is it? >> the the russell 2000 is down 28% from over two years ago. that's 2000 stocks. so while we've rallied up, it's still a tough road. it's very, very narrow. we've talked about these big seven or big with eight that really help the indices, but so many things are just so weighed

down, you've just got to be very, very specific, very, very careful. and just my biggest note is watch the 10-year yield with. i've been saying that for a why would -- while. the market's been better in the haas week because yields have come down. if they start going above 5%, i think the market can be trashed again. that's the number one number i watch for the market. stuart: okay, got it. what do you have to the say about israel? >> you know, as somebody who studied israel, been there many times, just disheartening. but i will tell you hamas underestimated the strength and how proud the israeli people are. your country is only as good as the people, and my message and just my message to the appeasers, especially the americans that are celebrating these atrocities, if they were in the desert with those people watching music at a concert, guess what would have happened to them also? i don't think these people recognize that these animals have no bias to who they kill. 23 countries people are dead e

from 23 countries around the world. so i'm just hoping they wake up. it doesn't look like it's going to happen. good to see the poll numbers are where they are, and they could get better. israel, one of the -- miracle in the middle east that has created this unbelievable democracy. they're now stronger than ever. hamas made a huge mistake, and they're going to pay a stiff price right now. stuart: we'll leave it right there. gary kaltbaum, thank you for your thoughts and advice on the market. appreciate it always. >> thanks, stuart. stuart: coming up, how come we didn't see the attack coming? mike mccaul says there was intelligence. watch this. >> we know that egypt had warned the israelis three days prior that an event like this could happen. we know that this had been planned perhaps as long as a year ago. stuart: so we did have intelligence according to mccaul. we'll get more into that a bit later on. a top u.s. general issued a stern warning for iraning do not

get -- iran, do not get involved with the war. are we close to war with iran? we'll get into that too, and that's next. ♪ ♪ teeth sensitivity is so common. it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patients say you know doc, it really works.

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forces in the persian gulf. stuart: well, in the past president trump laid down a red line with iran. they crossed it, and he he knocked off their terror leader. i mean, there was an immediate response. what red lines have we laid down with iran now under president biden? >> well, i think the killing of soleimani is an interesting and separate case. that was the gentleman that had led terror operations and proxy wars throughout the middle east and killed many hundreds of americans throughout our involvement in iraq. and so his day was coming, and trump thankfully tack that, and it sent -- took that, and it sent a very clear signal to tehran that the united states wasn't going to tolerate it. we have to be clear and send a similar signal again now if we start to hear or find out that hezbollah or hamas are planning retaliatory actions or actions against u.s. interests anywhere in the world. already in gaza they've killed over 20 american citizens, so it's important that the u.s. take retaliatory actions against

a hamas specifically for those attacks against americans. stuart: but will president biden show that kind of strength to go after iran if they cross one of these red lines? will we do it? >> well, the track record's not very good in that regard. one, we're continually getting reports that members of his administration are very favorable this leaning towards iran's interests and not u.s. interests. we're also continue canally being reminded of his inability to take strong action or to signal commitments. it got us into, it gave russia a green light to invade in february of '22 ukraine. and it all starts with the disastrous withdrawal from afghanistan. it signaled the u.s. didn't care about its allies or its own citizens when they were under direct threat discover seas. so the track record's not clear. stuart: okay, brent, we have to leaf it back there. thanks so much for being with us this morning. black smoke still rising in gaza city the again. israel continues its airstrike

and assault. mike tobin live on the ground in israel. are the sirens, are they sounding again across the country? >> reporter: they do sound from time to time. in fact, they sounded just outside of jerusalem today this in a little village, a largely religious village which is still remarkable and, frankly, makes that iranian connection, stuart. before iran started supporting hamas, they never had rockets that could reach as far as the outskirts of jerusalem. where i am now you see a lot of the supply chain in operation. the fuel trucks trying to supply all of the armor, the armored personnel carrier, the tanks that are in, that are massing along the gaza strip. at the same time, we have u.s. secretary of state antony blinken in israel making that that remarkable statement that the israeli defense force may be able to fight for itself, but it will never stand alone as long as it has the u.s. as an ally. at the same time, you have the israeli defense force, the army,

getting on the record as far as what has happened with these massive airstrikes going into the gaza strip. they note that a hamas naval operative mohamed abu shamla, his home was hit and he was killed. the idf recovered what they call naval commando equipment as well as underground commando equipment, other aroundment, referring to -- armament, referring to these tunnels dug underneath the the gaza strip. he went on to list other operatives that were hit and killed in these israeli aairstrikes and made a point of noting with the commando raids they have been able to locate isis paraphernalia and flags as both the army and political leadership in israel continues to make the connection between hamas and isis. prime minister benjamin netanyahu, while he was speaking with the u.s. secretary of state, said that hamas should be treated the same as a isis.

>> they should be spit out from the community of nations. no leader should meet them. no country should harbor them. and those that do should be sanctioned. >> reporter: and all up and down the length of the gaza strip we see the ominous view of troops gathering, artillery firing in preparation for what is believed to be the imminent ground invasion. a spokesperson for the israelty defense force says the next phase of this operation is ready to go, a strong hint that the ground invasion could be moving at any time, stuart. stuart: mike tobin, thanks very much, indeed. worth remembering that trump knocked out isis and now it's back. an israeli defense official says gaza will be turned into a city the of rubble. mr. pyro, what else did he have to say? >> obviously, tough language expected, warranted. the palestinian territory, home

to more than 2 million are resident, would be are reduced to rubble. gaza will eventually turn into a city of tents. there will be no buildings, the the ground maneuver will surprise that a maas. meantime the, a member of israeli's parliament calling for the jewish state to unleash nuclear warfare. quote, jericho missile, jericho missile strategic alert. before considering the the introduction of forces, doomsday weapon. obviously, always concerning from an international perspective when you hear the talk of nukes, but you understand the anger in the israeli -- stuart: of course one does. but if they reduce gaza to a city of rubble as they propose and that does happen, then there will be more sympathy for the palestinians because they are truly suffering there. that's -- it's a push and pull of public relations. >> okay. but then i go back the to what president herzog said earlier this morning, that the palestinians had an opportunity to leave a hamas rule, if you will, and that opportunity when

israel left in 2005 to actually turn the it into something. it was supposed to be the singapore of israel, and it is anything but that. and so i think that's the view from the israeli perspective and how they would push back against the inevitable pr battle you just mentioned. stuart: the ground invasion has not yet started. i shouldn't use the word yet, because you want to know what blinken is saying to netanyahu about his ground invasion. >> don't you think it's inevitable? stuart: when you've got all those tanks and men, 360,000 men and women, that's a lot of people. thank you, todd. check futures, please. it's thursday morning. we're heading towards the opening bell. dow up 30, nasdaq down 5. we'll take you to wall street after this. ♪ ♪

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beginning of the strong thest six months of the year. we're going to get into with here starting in november, december and into the beginning of the new year. we have seen a market turn, stuart, each october. we've made a low for the fourth quarter in october all the way back to 208 was -- 2018 was the last time that we didn't turn and bottom then. we had a great rally last year coming out of the october bottom, rain i think we're going to have -- and i think we're going to have something similar. maybe not as strong as last year, but something similar with some happiness about the holiday season coming up. it's going to drive things really well in addition to lots of money. stuart: okay. many preparation for this move if up that that you see coming, what are you buying now? >> well, i like some things that are gonna do well and continue to do well into the holiday season. i know gary talked earlier about playing strong plays.

amazon has been a little bit behind the other magnificent seven or the big, or strong seven large cap stocks, mega cap stocks. i think they're going to do well into the holiday season. they're also becoming more and more strong, their use of a.i. and deployment of a.i. and on the aws side of supporting a.i. and i like a more pure play in costco, stuart. and it's lastly, i'll give you general dynamics with all the turmoil going on in the middle east and potentially in china, i think it's great to have a few defense stocks around. you know i love lockheed martin. i think gd is another good one. stuart: okay. so what do you say to people like me who put some money into 5% treasuries? what do you say to us? >> i say, brilliant. i say, keep it up. i say you've got to have some money there when we're getting free no-risk returns in the 5%

range. you have got to have, one has to have some of your, of your wealth and assets in that a easy money for right now. for sure. stuart: my wealth and as a cements sounds so grand, doesn't it -- can assets -- d.r., thank you very much, indeed, for pumping me up right now. feel pretty good on this thursday morning. see you later. the opening bell will ring in 30 seconds, so we've got to announce a few things here. the consumer price index went up 3.7% in the last 12 months. that's not a huge number, it's about on core, on par with what we've seen in previous months. 3.7% consumer price inflation. the price of oil going no somewhere, the -- nowhere, the price of gasoline actually going down. events in the middle east still dominating the news cycle, but at this point they're not a market story, or they're a humanitarian story at this moment. bingo. 9:30 eastern time, we've opened up. only just. 33 points for the dow industrials in the extremely

early going. when all 30 of the dow stocks have opened, or we'll show them to you. right now we're up 50 on the dow, .16%. okay, there you go. we've got about two-thirds of the dow 30 on the winning track. the rest losers. i see microsoft, the biggest loser of them all. a miserable $330 a share. can't live on that. the s&p 500, where are we? we are up ever so slightly. i'll call that flat to slightly higher. nasdaq composite, where's that? that is flat to slightly higher. 13,6 is your level. have a look at big tech. we do this every morning, 9:30 we check out big tech. two losers, meta and microsoft. three winners, amazon, apple, alphabet. let's take take a closer look at microsoft. this may have something to do with why they're down this morning. the irs demands nearly $29 billion from microsoft in back taxes. now, what's microsoft saying about that? lauren: appealing it. they don't want to write an 11-figure

check. the irs says that they are owed $28.9 billion for taxes covering a decade between 2004 and 2013. there's a discrepancy in how microsoft allocates profits among countries. and that's a huge figure. that's, like, bigger than nasa's budget. and then microsoft comes out and says, or well, we've already paid, oh, $67 billion in taxes since 2004. so you want another $29 billion? come on. stuart: do you think there's a political element to this because the powers that be do not like big, bad microsoft? lauren: there could be. stuart: maybe use the irs to take them down a peg or to. they say, oh, they can afford it. lauren: i wouldn't want to touch microsoft's a.i. budget,s especially with the threats from if other countries. stuart: piro is smirking. >> what's that line again? the discrepancy? i'm going to use that with the irs. lauren: they allocate income among countries. >> that's what i do. that's the reason i didn't

pay -- [laughter] the world showcase at disney, the norway showcase -- [laughter] stuart: nice try. nice try. okay, shoemaker birkenstock, it made its debut. did not go well or, did it? lauren: it's a high profile flop. i mean, that sums up this story. i think it scares other companies who are looking to go public this year because if birkenstock can't do it, can can we? let me give you some specifics. the price of the ipo was 46. dropped 13% to 40 yesterday where it is right now. their private equity owners tried to say, you know, birkenstock has a value this line with, let's say, nike. and investors didn't buy it. and many funds that did buy it are potentially sitting on big losses right now. stuart: okay. by the way, tomorrow is friday feedback. lauren: oh, boy. stuart: we want to know, are birkenstock shoes just as ugly as crocs?

lauren: can i give you my answer right now? stuart: go ahead. lauren: yes, but birkenstocks are more trendy so, therefore, they yet the thumbs up. >> i was going to ask to weigh in here. in my understanding of birking stocks -- birk birkenstocks, i've not seen anybody wear them since my fraternity in 1999. i know i'm kind of making a joke, but seriously, is there a market for birkenstocks right now? lauren: do you live under a rock? >> do you wear them? lauren: yes. they're very trendy. >> they are? lauren: yes. they were in the bar by movie. they made a cameo in barbie. >> which stuart and i saw together. stuart: all you've got to know is when suburbanites wear birk birkenstocks and come out to the country, we laugh at them. [laughter] lauren: they each would like a pair for their birthday. stuart: your kids? lauren lauren you. >> give it to charity. stuart: carhart, i just remember

that name, the autoworkers have accelerated their strike against ford. why just ford? lauren: because they had a meeting last night, and ford did not increase its offer, so now you have a surprise strike, if you will, and it hit ford's biggest, most profitable plant. the one that makes the super duty and the expedition, the profit machines. this plant in kentucky generates $25 billion a year in revenue. yep. and now all 8700 workers have walked out. that sends a message to general motors and stellantis. by the way, stellantis and the uaw are speaking today. maybe if they don't up their offer, the union will target their biggest moneymakers too. this is day 28 of the strike, by the way. stuart: before the strike began, the union guy said we want to wound the big three over a long period of time. that's exactly -- lauren: this one will. yep. stuart: wall green's. now, they had a financial report earlier. they're now up 2.5%. i thought they were going to go

down because people are not getting their covid shots. lauren: they're pushing into health care and diversifying. yes, people aren't getting covid shots or tests, they actually stopped buying as many personal care products, and they forecast annual profit below estimates. having said all that, the stock is up 2.3%. stuart: they are, indeed. the writers' strike, that ended. but the actors' strike, i believe the talks have been suspended -- lauren: stalemate. no progress. so the actors say that the studio ceos, netflix, warner brothers-discovery, they would not counter the latest offer. the actors want protections from artificial intelligence. the studios say, okay, how about we ask for your consent before using your digital replica. the actors want a greater share of streaming revenue. the studios are saying, yeah, that's, like, $800 million a year. we can't afford that. one more thing. what about higher residual payments. and the studios say, and i think

this is a big deal, we are offering you actors exactly what we offered the writers. the writers accepted it, why won't you. >> the actors need to stand strong on that first point because watch, tom cot -- come to the three shot, if you can. stuart is the current way you do movies, you use actualal aren'tingful i'm that iteration where they ask permission to to use your digital likeness, and lauren is the complete replacement of the actors with a.i.. two steps removed. they can't get to here because that's one step closer to them being replaced entirely, and then you have no actors which, of course, the studios would love because antiis free. -- a.i. is free. the actors need to stand strong. lauren: they are. stuart: that was an interesting analogy. well done. [inaudible conversations] stuart: the okay. we now have a 17-point loss for the dow industrials. i take that back, it's t 16 points now. 33,787. do we have the list of dow winners? i believe we do.

topping that list we have netflix up there. a gain of $1. look at -- oh, this is the streamers. netflix is up a buck. disney is $84 a share. down winners, wall green boots alliance. they've been very active this week. amgen, nike. s&p 500, fast knoll, interesting company. domino's pizza is up $11, 3. how about that? nasdaq composite winners, show me, please. fasinol again, adobe, kla. got it. here's what we have for you coming up on the show, john kirby defended the administration's response to iran. roll tape. >> nobody has turned a blind eye to iranian destabilizing behavior, but we haven't seen any specific evidence that tells us they were winning, involved in the planning or involved in the resourcing and the training that went into this very complex set of attacks over the weekend.

stuart: really? no direct involvement from iran? we'll talk to house armed services committee member mike waltz about that. see if he agrees. there's an unknown number of americans stranded in israel desperate to get out. florida congressman cory millses is trying to help. he's here next. ♪ ♪

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americans that are stuck in israel and that want to get out, waiting is really not a good option. we got to speak to one american who's struggled to get help from the u.s. government while in israel and then ended up paying $1600 to get out of israel by flying first to dubai and then to the u.s. take a listen. >> we were americans, we were stuck in a war zone, and we figured that we'd get some help there. so we actually did call the embassy. and it was very, very surprising. they were kind of rude, they were very, you know, very short. we were willing to pay basically as much as we possibly can afford without, you know, going bankrupt. we were ready to get out of there. we weren't sleeping, we weren't functioning in a healthy way. >> reporter: now, even though most airlines have paused flights into israel, carriers are are adding flights to neighboring areas to help. united has added two round trip flights to athens, greece, to

help americans that have fled there from israel. the first added flight leaves tonight from right here, newark airport, around 9 p.m. the only travel to the region for americans should be people that need to get out. the state department is issue ising a do not travel warning to americans to gaza because of arm ad conflict and a reconsidered travel warning for the west bank in israel because of terrorism and civil unrest are. you can imagine that all might be elevated to that do not travel soon. commercial airlines bagging out. -- backing out. what we're waiting is to hear what the government plans to do and if they will charter flights. we're still waiting on that. stuart? stuart: madison, thanks very much, indeed. take a look at this. >> we're about to start a really difficult, complicated mission. there's so much fear going on right now, so many bad videos, so much, oh, so much craziness. i want you guys to be somebody's light for the next three, four hours. do something good, something you

haven't done in 30 days, go for it. stuart: that man moved from baltimore to israel in 2010 to serve in the idf. he joins me now. sur, set the scene for us -- sir, set the scene for us. where are you and what are you doing? >> okay. we are -- thank you so much for having us. we are right outside of gaza, and the truth is that we're seeing two the extremes here in israel. we're seeing extreme evil and extreme good. and the extreme evil we saw went we went into gaza on part of the body removal collection team for the massacre, we saw the pure evil there. and then you leave, and i'm only 15 minutes away, and wow see pure good and you see people lining on the streets giving us, giving us so much strength, lining up, giving us water bottles, clapping. the feeling is like after september 11th, everybody is so

unified. people are supporting us. there's barbecues on streets, and there's so much support for the soldiers. we're really seeing it in israel extreme evil and only 20 minutes away from it the exact opposite. stuart: how is the morale of the israeli army? because you're staging tanks and equipment for a possible ground invasion of gaza. how's morale? >> amazing question. so two days ago we're on the jeep in the hummer on the way into the with gaza is, outside of the gaza communities, and we're going to are remove the bodies. and i'm looking around and all the soldiers are singing, and they are inspired and the morale is high. we're all so thankful that we get to be part of protecting this country. and then we thought about the people, our wives, the civilians and what are they doing? they're sitting at home watching the videos of atrocities. and that's why i get on this video and i just say, guys, that

one extra video of watching the atrocities, that's not going to help us. we need good deeds now. we need, we need light. and it's working. honestly, i just got a message from a third grade teacher, a bunch of little envelopes, sticky notes of third graders writing the good things that they're going to do today. i'm going to make somebody smile smile today, one wrote. i'm going to be nice to my brother. somebody said to me, i haven't talked to my parents in 20 years, i'm going to reach out to them. in judaism we believe good deeds can change reality are, and and that's what we're trying to spread. trying to spread e a little bit of light can take away a lot of ark darkness. stuart: arky, you just delivered a powerful message to everyone, and we really appreciate it. thank you for taking time out. >> doctor thank you so much. -- thank you so much. stuart: thank you for taking the time. >> absolutely. god bless. stuart: change the subject. vice president harris made her

fist public comments on the attacks. lauren: she called it terror and said the stands absolutely -- the u.s. stands absolutely with israel. watch here. >> needless to say, i'm completely outraged by what has taken place. we are looking at extreme acts of terrorism that must be condemned many in no uncertain terms. there is absolutely no justification for terrorism. the president and i take very seriously our commitment to israel and to the people of israel to support them, and in particular, to give israel what it needs to defend itself. lauren: that was a careful, calculated, strong statement. stuart: and she used the word terror. lauren lauren yeah, that's what i picked up on. stuart: that's an important word to use, i think. thanks, lauren. coming up, it was worth -- it's worth remembering how president trump dealt with iran, it stands in stark contrast with president biden. this' my take at the top of the

hour. an israeli woman and and her daughter survived the attack, they were able to barricade themselves in a safe room using a vacuum cleaner and a rolling pin. she'll tell us her harrowing story coming up. ♪ ♪ from chrome to duckduckgo.

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♪ stuart: the crisis in israel putting more pressure on energy prices. i see oil stocks up all over again, especially bp if right at the top of the list there. edward lawrence is at the white house. biden has a meeting with ceos, a wide variety of industries, i bereave, today. is this about -- i believe, today. is this about the green agenda? >> reporter: it is. and he's also going to talk about bidenomics and convince or try to convince people that those policies work. you saw the cpi, inflation report, basically remaining flat for the overall year-over-year number. that's partly because of gas prices. even though the price of gas is inching down, gas is linked to oil prices, and the president's discouragement of investment here in the u.s. is forcing us to rely on middle east countries which includes iran for oil on the global market. now, iran sells 85% of its ole to -- oil in china, they made

$6.6 billion from china. last year the income from the terrorist state jumped to $30 billion. so i asked this, listen. why isn't it a national security issue when you have countries that are profiting off the increased price of oil that don't like israel or america? >> we don't want, for instance, russia to be able to get a windfall in profits from the oil market so that they can then turn that around and apply that to weapons in ukraine. we certainly don't want to see iran do, be able to do much of the same which is why we're putting as much pressure on them as we are. >> reporter: so why not increase oil production here? >> again, i don't have any announcements. >> reporter: so republicans say money from oil is fueling conflicts around the globe,9 and the u.s. has what it needs right here. >> under, you know, no circumstances should the united states of america be with relying on any foreign power for oil. we just shouldn't do it. we certainly shouldn't be

shrinking our strategic petroleum reserves which joe biden has done at historic levels. >> reporter: but the energy policies here is because of the president's forced transition to electric. stu? stuart: edward, thank you very much. i'd like to thank todd piro for being with us. >> pleasure, as always, sir. stuart: okay. check those markets, please. we have a downside move just in the last few minutes, and i'll tell you why. dow's off 90, nas nasdaq's off of 2 is. the yield on the 2-year and 10-year treasuries have gone up. those are the numbers to watch. still ahead, republicans nominated steve scalise for speaker, but there are concerns he can't get the 217 votes he needs to become the speaker. brett baer takes that on. florida congressman cory mills in israel helping americans evacuate. he has an update for us. biden hasn't given up hope that he'll be able to bring american hostages home. will cain reacts. the the 10:00 hour of "varney" is next. ♪ ♪

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