 T F N N headline news update Good afternoon everybody. I'm Tommy O'Brien coming to you live from T F N and 2 p.m. Eastern time on Friday two hours left to go In the trading day and we have markets hanging around negative territory right now a little bit of political risk going on after U.S. Airstrikes killing an Iranian general the number two number two general for Iran some say the number one in different circles But nonetheless quite a figure and it is hitting markets S&P's right now negative by 18 points But that's more than 1% off of the lows that we had last night S&P's made it down to 32 07 we're currently off 19 points trading at 32 40 Dow Jones off 204 points trading 28,664 Nasdaq negative by 51 points trading at 9,041 Gold catching quite a bit of gold and notes and bonds the safe havens trading higher gold up $23 at 1551 Notes and bonds 10 year note up 20 ticks at 120 908 the 30 year bond up a full point and 10 ticks at 157 29 The dollar index with some volatility, but right now basically flat at 96 841 we'll start things off. Let's jump over the charts We'll start it off with the Dow you can see where the escalation began last night to the downside We were trading at almost 28,900 Markets reach a low just prior to 6 a.m. Of 28,434 We're up about 200 Dow points from that level 28 6 29 Nasdaq 100 trades from above 8900 to below 87 50. We're now trading 88 37 There's your S&P 500 as I mentioned we were trading at 32 62 you trade down to a low 32 0 7 So you're talking about 55 S&P points from high to low, but from there we're up more than a percent We're trading at 32 40 Crude oil catching quite a bit as a little bit of turmoil in the Middle East Spelling higher crude prices currently above 63 dollars at 63 04 We had made it as high as above 64 dollars though when the market was at its lows just prior to 6 a.m Gold catching a bid for the entire session. We just reached a high of 15 56 just in the last hour you have gold trading at 15 51 and the euro u.s. Dollar trading at 1 11 66 In terms of what else you have happening in the market pretty remarkable when you go over the VIX we'll get there because this is some muted muted Volatility priced into this market with what's going on you had a spike to 16 20 the VIX trading at 13 74 right now Stay tuned folks to see keg stat from forex trading unlocked filling in for dave whited to tom o'brien coming up live at three We'll be right back