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Speaker 1: News when you wanted with Bloomberg News Now, I'm Doug Krisner.

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Speaker 1: Financial markets were expected to d risk in reaction to

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Speaker 1: US Israeli military operations against the Islamic Republic, and that

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Speaker 1: was the case when trading began in the Asia Pacific.

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Speaker 1: The mood, though, became less bearish when The New York

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Speaker 1: Times reported President Trump is open to dropping sanctions on

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Speaker 1: Iran if the new Iranian leadership is pragmatic. Meantime, in Beirut,

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Speaker 1: Hesbelav fired missiles into Israel early on Monday. The militant

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Speaker 1: group said the strikes were carried out in retaliation for

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Speaker 1: the killing of Iran Supreme Leader and for repeated Israeli aggressions.

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Speaker 1: Now In response, the US and Israel launched a barrage

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Speaker 1: of strikes on Lebanon's capital. Separately, Defense Secretary Pete Hegseth

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Speaker 1: and Chairman of the Joint Chiefs of Staff General Dan Kin,

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Speaker 1: will hold a press conference on Operation Epic Fury Monday

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Speaker 1: morning at eight a m. Eastern time. Meantime, three American

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Speaker 1: service members have been killed in action during operations against

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Speaker 1: the Islamic Republic. The US Central Command did not say

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Speaker 1: where they were killed. Or under what circumstances. Five others

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Speaker 1: were seriously wounded. At the same time, President Trump said

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Speaker 1: the US sank nine Iranian naval vessels. In a post

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Speaker 1: earlier on truth Social Trump also said Iran's naval headquarters

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Speaker 1: was destroyed in a separate attack. Now, these developments came

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Speaker 1: during the second day of bombings across Iran, President Trump

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Speaker 1: saying earlier, these strikes will continue.

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Speaker 2: Combat operations continue at this time in full force, and

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Speaker 2: they will continue until all of our objectives are achieved.

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Speaker 1: Now, these actions have drawn criticism from members of Congress.

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Speaker 1: Here is Pennsylvania Democratic Congresswoman Madeline Dean.

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Speaker 3: We have not been.

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Speaker 4: Told the president's objectives. The American people were not briefed

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Speaker 4: on the president's objectives. Congress was not briefed, even though

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Speaker 4: he was four days before in front of the American

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Speaker 4: people and a joint Session of Congress at the State

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Speaker 4: of the Union address, where he had I believe the

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Speaker 4: obligation the duty to make the case to US Congress.

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Speaker 4: We are the one who could declare war under Article one,

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Speaker 4: Section eight, and he and his advisors know that and

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Speaker 4: also make the case to the American people.

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Speaker 1: That was Pennsylvania Democratic Congresswoman Medaline Dean. Meantime, Iran's president

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Speaker 1: says its new leadership council has begun working on choosing

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Speaker 1: a successor to aid Tola Ali Khamenei. Here is Foreign

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Speaker 1: Minister Abbas Arachi speaking on ABC's This Week.

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Speaker 3: There is a transitional council of the President, the head

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Speaker 3: of Judiciary and one jurist of the Guardian Council. These

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Speaker 3: three would decide are in charge right now and they

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Speaker 3: will actually arrange the election off the new leader Parachi.

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Speaker 1: He went on to say Iran has every right to

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Speaker 1: defend itself separately. President Trump told The Atlantic magazine Iran's

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Speaker 1: new leadership wants to speak with him, and he's willing

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Speaker 1: to do so. The President is not expecting the attack

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Speaker 1: to disrupt Republican efforts to convince voters that his administration

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Speaker 1: is focused on delivering economic benefits to Americans. We go

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Speaker 1: to Texas next, where a gunman opened fire outside a

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Speaker 1: bar in Austin. Authority say the suspect drove past the bar,

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Speaker 1: shot a pistol from the window of his SUV, then

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Speaker 1: got out with a rifle and began shooting before being

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Speaker 1: killed by officers. The shooter killed two and wounded fourteen.

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Speaker 1: And now we are being told federal authorities are investigating

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Speaker 1: whether this shooting was a reaction to the US Israeli

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Speaker 1: strikes on Iran. Here is Alex Dorin of the FBI.

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Speaker 2: So looking at as a potential matter of terrorism.

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Speaker 1: Obviously, the Joint Pearism pass Force is engaged, which obviously

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Speaker 1: includes members from Austin Police Department as well as several

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Speaker 1: federal and state and local partners. That is Alex Storin

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Speaker 1: from the FBI. Among the data points for financial markets

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Speaker 1: in the week ahead is the February jobs Report. We

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Speaker 1: have a preview from Bloomberg's Karen.

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Speaker 2: Moscow ahead of Friday's employment report. We get to look

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Speaker 2: at ISM manufacturing on Monday, while Wednesday the Federal Reserve

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Speaker 2: releases its Beige Book of Economic Conditions, and we also

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Speaker 2: get the ISM's look at service industries. It's the same

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Speaker 2: day Apple host events in New York, London, and Shanghai

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Speaker 2: to showcase new products. Thursday is the weekly report on

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Speaker 2: initial jobless claims and the Import price Index, and on Friday,

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Speaker 2: investors will be watching the February jobs report for signs

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Speaker 2: of cooling in the labor market. We'll also get retail

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Speaker 2: sales figures. Karen Moscow Bloomberg Radio

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Speaker 1: And that is news when you want it with Bloomberg

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Speaker 1: News Now, I'm Doug Chrisner, and this is Bloomberg