 T. F. N. N. headline news update. Good afternoon everybody I'm Tommy O'Brien coming to you live from T. F. N. N. headquarters in St. Petersburg Florida 2 p.m. Eastern time on Tuesday two hours left to go on the trading day and we got markets mixed to negative right now on reports the tariffs are staying in place through the twenty twenty election you at the S. and P. right up there near record territory and quite a little pullback we've had in the last hour we'll get into it S. and P. is now negative by five points trading at thirty two eighty five at the Dow Jones positive by fifty trading twenty eight thousand nine fifty seven Nasdaq negative by thirteen trading at ninety two sixty we've got gold negative about four dollars oil right now up forty five cents and we're just going to get into the story of the hour and there's your headline China tariffs to stay put until after despite deal existing tariffs on billions of dollars of Chinese goods coming into the U. S. are likely to stay in place until after the American presidential election and any move to reduce them will hinge on Beijing's compliance with the terms of a phase one trade deal so that story coming out within the last hour we'll jump over to the charts and you will see when that story breaks and there is the acceleration and there is the Dow so the Dow that story breaking just after one thirty you are up above twenty nine thousand we shave almost a hundred Dow points off that level twenty eight thousand nine thirteen looking at the futures Nasdaq one hundred you trade from a price point of nine thousand ninety four we trade shave about forty points off the Nasdaq one hundred now trading nine thousand fifty seven S. and P. as I mentioned right up there in their record highs I believe the record print late last night was about thirty two ninety six we were trading just under thirty two ninety five we shave about ten S. and P. points off that level thirty two eighty five crude oil fifty eight dollars and forty cents right now you've got the gold contract trading at fifty and forty five gold was as high as fifty and forty nine and the Euro U. S. dollar trading at one eleven thirty one it is earning season banks kicking it off let's jump through some of the winners and losers for today J.P. Morgan quite a beat this morning pairing some of the gains though we were up as high as what is the high for the day a high of one forty seventy six we've paired about a buck and a half now trading one thirty nine twenty nine excuse me one thirty nine twenty four still up almost one point five percent you also had in the loser section Wells Fargo now down almost four point five percent and checking it on Tesla up a solid two point seven percent again today should be an interesting couple hours to finish the day tariffs in place stay tuned folks Dave White coming up with the power trading hour Tom O'Brien live at three we'll be right back