 T FNN headline news update Good afternoon everybody. I'm Tommy O'Brien coming to you live for T FNN 2 p.m. Update 2 hours left to go in the trading day And we got a negative market to start off the week coming into that Memorial Day weekend on Friday right now You have the NASDAQ off 96 points trading at 77 20 we get the Dow negative by 54 points treating at 25,709 NASDAQ right now. I just said actually off 96 NASDAQ 100 off 108 points S&P's negative by 15 We have Bitcoin. We'll jump over that Bitcoin chart in a moment quite a run some volatility Bitcoin at 77 62 we got notes and bonds slightly lower price higher yield 10-year note negative six ticks 129 30-year bond negative 11 ticks 149 10 we got gold up a dollar pretty calm at 1276 and oil negative four pennies at 62 72 We'll start things off. Let's take a look at the futures markets We'll start it off with the Dow so we start in negative territory and lows basically right at the market open We were down there 25,005 57 much lower than we are right now You have the Dow looking at the June futures contract trading 25,007 0 5 NASDAQ 100 pretty similar territory in terms of trading lower right around the open Not too much of a pop and just kind of hanging at these levels 7404 the NASDAQ 100 chip stocks having a tough day today with Huawei Of course coming off S&P's 2846 lows for the session right after the opening bell of 2833 Gold contract pretty calm day chopping around a bit gold at 1276 88 had been as low as 1273 There's your crude oil chart 6282 and the price accrued we saw it fall from 6379 just in the middle of the night and your US dollar trading 116 6 Terms and what else you have happening out there fundamental news you have forward cutting 7000 jobs so these are going to be in their salaried workforce representing about 600 million dollars annually as they trim their Structure chip stocks as I mentioned getting hit on the report the companies are dropping business with Huawei Jumping to the oil headlines you have OPEC poise to defy Trump once again by keeping a lid on oil output at least that's what they'll try to do and Tesla another tough day as they are below $200 last time we checked We'll jump over to that as we wrap it up and there's your VIX as well with 16 at 13 on that VIX And there's we wrap it up TS LA Tesla right now back above 200 after hitting 195 Stay tuned folks Steve white coming up right now Don't forget tiger dollars on the front page and the art of time in the train chart both sales good this week Stay tuned for Dave. Have a great Monday