 Network, TFNN, headline news update. Good morning, everybody. I'm Tommy O'Brien, coming to you live from TFNN, nine a.m. Eastern Time, Wednesday morning, 30 minutes to go until the opening bell. We got a lot of moving parts this morning. It's Fed Day. We got a statement by Jerome Powell, the Fed expected to keep rates unchanged. But what will be interesting is the press conference and the economic forecast going forward. That we have the S&P's positive by 11 at 32.16, the NASDAQ can't hold the NASDAQ down, NASDAQ accelerating higher up 95 points, NASDAQ 100 futures right now, 10,046, the Dow up 43 points, 27,309, you get the Russell 2000 positive by two points at 50 and 10, oil negative 50 cents at 38.44, backing off from the highs of $40 in change Sunday evening. You get the inventory numbers for crude, 10, 30 a.m. this morning, an hour and a half from right now. I'll be on the air live with Tom for those. Always an interesting time of the week. Gold extending the gains from yesterday, $17.30, you're up $8 today. The lows of $16.71 on Friday and continuing quite a run we had yesterday for gold going from under $1,700 to a high of about $17.26. We're now actually peaking above that level briefly, $17.29. Silver up 27 cents above $18 at 1806 and notes and bonds this morning. We're continuing a little higher price and lower yield, the 10-year up 8 ticks at 137.31. You have the 30-year right now up 16 ticks at 174.26. So what else do you have happening? As I mentioned, it is Fed Day, jumping over to the headline. What's next from the Fed? We'll help decide the course for the markets is the headline at CNBC. And what's interesting here that we're talking about is that they decided to not make a statement of the forecast at their last meeting in March. So when the Fed issues its statement Wednesday, it is expected to release its quarterly economic and interest rate forecast. So we'll get the dot plot, I believe, which it declined to do with the height of the crisis in March. Now the Fed has a chance to describe what it thinks the future path might look like, forecasts, and possibly add clarity about its programs and future steps. That should be an interesting afternoon. AMC, they're going to open their theaters, hopefully in July, aiming for about July 17th with one movie released followed by a Disney movie the next weekend. And then Starbucks trading lower this morning as they lost $3 billion in revenue in the latest quarter. U.S. consumer price index is ticking lower for the third straight month down 0.1 percent last month. And how about mortgage demand up now 13 percent annually, despite rising rates. Stay tuned, folks. Lots of market action. Larry Pes vento coming up live with trade with UC right now.