 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 Monday nine a.m. Eastern time first Monday of the new year kicking things off and markets starting in negative territory little bit of geopolitical risk carrying over over the last 72 hours from Friday right there you get Dow futures off 189 points that's almost seven tenths percent trading 28,000 for 13 S and P S and P futures down 20 points that's about six tenths percent trading 32 16 Nasdaq futures off 62 points or seven tenths in the red trading 87 48 oil trading hire gold trading hire will start things off will start off with the VIX this morning as you would expect here volatility priced into this market VIX spiking to 1639 overnight 1572 this morning looking for the open a far cry from where we were even Friday in the low 13's and jump over to the charts will start things off with the indices will start off with the Nasdaq 100 87 50 right now in that index you back things up to Friday we're up there as high as 88 56 excuse me Sunday night the futures open we're pretty much right where we at when we opened on those futures last evening S and P Friday we made it as high as 32 46 you back things up for some perspective before the strike on the Iranian general the S and P's were reaching an all-time high of 32 63 we're now trading at 32 18 you had made a low in the S and P's as low as about 32 08 just shy of 4 a.m. this morning now 30 28,000 426 pretty much just under the level that we opened that on the futures last night at 28,000 512 crude oil quite an acceleration to higher prices last night you had crude trading up to $64.71 currently just under the $64 price level at 63 87 gold catching quite a bit last night as gold the futures open we trade to a high of 1584 check out that number in the price of February gold just under that level right now you have gold trading at 1576 and the euro US dollar trading just under 112 euro trading 111 99 terms of what else you have happening out there it's a lot of talk about the geopolitics going on between the US and Iran you had President Trump tweeting over the weekend threatening a retaliation if Iran had retaliated and then you also have the house setting to vote to limit Trump's military powers regarding Iran pretty heightened tensions as we escalate into a Monday morning stay tuned folks we got our man Larry Pes vento coming up live right now with trade what you see I'll be back at 10 o'clock with Tom Bass market by TD Ameritrade thinker swim at 11 Basil Chapman Steve Rhodes Dave White Tom O'Brien all this afternoon stay tuned folks will be right back