 T F N N headline news update Good morning everybody. I'm Tommy O'Brien coming to you live from T F N N headquarters in St. Petersburg, Florida 10 a.m. Eastern time on Monday 30 minutes in the trading day and quite a start to the markets to the downside With tariffs trade concerns a top priority Dow Jones negative 490 points or about 1.9% trading 25451 S&P's right now negative by 60 points 2.1% trading at 28 21 and the Nasdaq quite a number down 217 points trading at 76 99 that is a solid 2.74% to the downside 30 minutes in the trading day and you get the Russell negative 28 points or 1.8% we'll start things off with the VIX this morning as you would expect We're getting some upside action in the VIX We're above 20 right at the market open for some reason the market really hasn't gotten a spike. We've pulled back a bit 1946 on that volatility index. Let's jump over the futures market. We'll start it off with the Dow and Quite a slide for most of the overnight session So it's last night you open up at about 25,811 a little bit of concern But things getting ratchet up today as you have China coming back with $660 billion of their own tariffs and as we jump around let's jump to that headline first There you go tariffs on $60 billion of US goods starting June 1st that really hitting the markets today Beijing will increase tariffs on more than 5,000 products to as high as 25% duties on some other goods will increase to 20% and those rotates those rates will rise from either 10 or 5 previously so with that in mind and there is the market 25,403 session lows in the Dow as we speak S&P 500 2819 Nasdaq 100 we're at lows as we speak across the board 7367 crude oil trading higher was just above $63 $62.87 gold getting some upside action as you might expect this morning with the market action Above 1,300 briefly just in the last half hour currently trading 12 9749 and euro US dollar 1253 and as we wrap it up what else she got going on tough day for uber now down 8.2 percent $38 just IPO Friday at 45 Stay tuned come back at 10 o'clock with Tom. Of course. We got fast market at 11 TD Ameritrade Kevin Hinks And then Basil Chapman Steve Rhodes day white Tom O'Brien all this afternoon. Stay tuned folks. Have a great Monday