 T. F. N. N. headline news update. Good morning everybody I'm Tommy O'Brien coming alive from T. F. N. headquarters in St. Petersburg Florida at 9 a.m. Eastern time Monday morning 30 minutes to go until that opening bell and we got markets starting off with a little bit of trade pessimism sending the markets to slightly negative territory we were in the positive things reversing in about the last hour right now you get Dow futures still up 13 points trading 27,966 S&P futures negative by about one we were positive by between five to eight points at one point currently S&P futures still quite a number 31 17 Nasdaq futures negative by two points trading at 83 16 oil pulling back a bit off 40 cents at 57 31 and gold contract getting a little bit of a pop off the lows on that trade pessimistic news gold now just off three dollars at 14 65 and the bonds right now 10 year yield 1.82% we see the chart of the S&P behind me we'll start things off let's jump over to the charts we'll start it off with the indices right now there's your Dow 30 and as you can see when the headline broke and why not we'll jump over to the headline markets expected to open higher I'm in positive signals out of China but guess what futures turn negative on trade deal pessimism that story breaking that China officials Chinese officials are pessimistic about the prospect of a US China trade deal China is troubled by President Donald Trump saying recently the US would roll would not roll back tariffs as they thought both sides had agreed to do so in principle it's always in the details folks and there you see the Dow 30 so we got a pop last night the Dow 30 even at 8 a.m. was at 28,044 you trade about a hundred points lower in the Dow now trading 27,967 Nasdaq 100 on that news goes from about 8,345 down to 8,310 currently trading at 8,316 the S&Ps were up there about 3125 actually got a high print this morning of 3127 currently trading 10 points above there at 3117 there's your crude oil market $57.42 gold contract catching a pop on that news as we were trading about 1456 gold almost $10 above that level trading 1465 and the euro US dollar with a little bit of action trading at one 1056 what else you have happening out there Saudi Aramco's IPO set at 1.7 trillion it's going to be on local exchanges they're only going to raise 25 billion that is a troubled market to say the least and Ford coming out with their electric vehicle the Mach E starting at $44,000 stay tuned folks Larry Pezzavento coming up live with trade what you see I'll be back at 10 o'clock with Tom live programming all day we'll be right back