Alisa Brady

Fox News.

Recapping stocks as the Dow tumbles back under 49K, the S&P and the Nasdaq also plummeting more than 1%.

Elisa Brady, Fox News.

War and peace in Washington.

Alisa Brady, Fox News.

As President Trump weighs possible military action against Iran.

Warning that bad things will happen if they don't.

The president says he's expecting a response from Iran's negotiators in less than two weeks.

Progress but also gaps have been reported after the latest round of indirect talks on Iran's nuclear program.

But the U.S.

also wanting to address the ballistic missile program and Iran's support for terrorist proxies.

Fox's Aisha Hosni at the White House.

Meantime, Iran holding joint naval drills with Russia.

The president's comments coming as he chaired the first Board of Peace meeting focused on rebuilding Gaza, with the U.S.

and nine other countries pledging billions of dollars.

Several nations also pledging troops and police for an international stabilization force to oversee the demilitarization of Hamas and to train a Palestinian police force.

U.S.

Ambassador to the U.N.

Michael Waltz telling Fox...

Crucial, he says, for the country's committing troops to the peace plan.