 T. F. N. N. headline news update. Good morning everybody I'm Tommy O'Brien company live from T. F. N. headquarters in St. Petersburg Florida it's Wednesday nine a.m. Eastern time 30 minutes to go until the opening bell we got markets on the negative side right now Dow futures negative by sixty five points trading at twenty eight thousand eight sixty nine S&P futures negative by six trading at thirty two eighty one NASDAQ futures negative by twelve points trading at nine thousand fifty we got the ten year yield negative on the session so far with a one point seven handle one point seven eight five we'll start things off we're going to jump over to the VIX this morning a little bit of negative market action we have Bank of America earnings out this morning we have Goldman shares trading a bit lower this morning and target guiding down they are down almost eight percent this morning the VIX twelve sixty eight very little volatility priced into this market we'll jump over to the charts we'll start it off with the Dow as you can see a little bit of an escalation to the downside just didn't even in the last half hour twenty eight thousand eight fifty six right now in the March Dow contract NASDAQ 100 we're up there for a high pre-market of nine thousand seventy four currently trading at nine thousand fifty S&Ps were up as high as thirty two eighty eight currently trading at thirty two eighty crude oil little bit of volatility we get the EIA number an hour excuse me an hour and a half from right now ten thirty am eastern time Tom and I will be on there for that crude trading at fifty eight fourteen gold catching a bit of a bid in the last hour as well gold trading at fifteen fifty six we got the PPI this not this morning that may be driving some action in gold and the Euro US dollars in at one eleven fifty terms of what else you have happening across the market I mentioned the PPI so why don't we jump to that you US producer prices barely rise in December producer price index for the final demand ticked up point one percent last month after being unchanged in November one of the biggest movers pre-market so far target shares plunging as holiday sales misestimates on weakness in toys and electronics so same store sales up just one point four percent during the holidays that compared to five point seven percent a year ago Goldman shares with their earnings topping revenue expectations but quarterly profit hit by a one point one billion with a B dollar legal bill and Bank of America out there earnings as well beating analyst profit estimates on rebound on bond trading revenue that fixed income trading for those banks quite a number there's Bank of America looks to open a little bit lower maybe thirty five pennies some volatility and Goldman Sachs close to two forty five I'm on looking open two forty one and target to the downside one sixteen close to one twenty five stay tuned folks Larry Pennsylvania at nine I'll be back at ten o'clock with Tom we'll be right back