 T F N N headline news update. Good afternoon everybody I'm Tommy O'Brien coming to you live from T F N N 1 p.m. Eastern time on Wednesday three hours left to go in the trading day and quite a rebound in markets We have a new all-time high in the S&P new all-time high in the Nasdaq not many of us Maybe thought we would be saying that at 8 p.m. Last night when markets were down between 1.5 and 2% Quite a change right now. We have the S&P's up 23 points trading at 32 58 Dow Jones up 200 points trading 28,784 Nasdaq up 72 points trading at 91 41 not that long ago We just crossed the 9,000 mark in the Nasdaq goal contract quite a reversal gold trading inversely with the market You have gold down $11 at 15 63 oil check this out down almost $3 at 59 76 you almost hit 66 dollars last night on the escalation you're talking about a $6 reversal in the price of oil notes and bonds We have a little bit of lower price and higher yield the 10-year off 8 ticks at 128 29 the 30 or off 22 ticks at 156 23 and the dollar index up 255 ticks at 97 261 let's start it off. We'll check out the indices. We'll start it off with the Dow I'm including in the chart the area of the lows that we were out last night just shy of 8 p.m. Eastern time We were trading at 20,108. You're up almost 650 Dow points. We were about negative more than 400 points. We're now positive more than 200 points Nasdaq 100 lows last evening under 8700 we're now above 8900. You're talking about 240 Nasdaq 100 points. There's your S&P We were trading at about 3181 I believe the low in the S&P's we're now trading 3258 You're talking about almost 80 S&P points from low to high crude oil. There is your reversal my goodness, right? We got the EIA numbers at 10 30 a.m. This morning as well the market was looking for a draw We ended up getting a build that adding to the negative pressure on the price of crude now under $60 not many would have thought that would have been happening by 1 p.m. Today as of 8 p.m. Last night and gold pulling back as well Now at 1562 after trading above 60 in 10 Stay tuned folks We got our man Steve Rhodes coming up live with the traders edge right now Dave White live at 2 o'clock with the power Trading our Tom O'Brien live at 3 o'clock should be an interesting finish to the day lots of action new highs in the market Stay tuned. We'll be right back