 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 9 a.m. Eastern Time 30 Thursday morning 30 minutes to go until the opening bell and we got markets trading to the positive on A little bit of trade news Dow Jones right now up 142 points in the futures trading 27,000 5 7 8 2 S&Ps positive by 10 trading at 3,085 Nasdaq futures positive by 30 points trading at 82 37 oil catching a bit as well up 85 cents at 57 20 10-year yield up a bit as well 10 you're sitting at 1.87 9% You see the spike on the S&Ps will go over the news in a moment 2 a.m. Eastern Time You see the S&P's spike from about 3076 reaching a high of 192 just by 3 a.m. Eastern Time off those levels just a bit at 3086 jumping over to the VIX as we start things off You see the inverse basically the market action the VIX trading all the way down to a low of where we at 1243 on that VIX currently sitting 1256 start things off and we'll jump over to the story of the day and there it is China says it has agreed with the U.S. To cancel existing trade tariffs in phases be skeptical What you're reading here though one important condition for a limited trade agreement and this is China's commerce ministry a spokesman Excuse me for the China's China's commerce ministry Gao Fang said that both sides had agreed to simultaneous Simultaneously cancel some existing tariffs on one another's goods When the US and China must remove the same amount of charges we got our man Larry Pes vento coming up at 9 a.m He was just posting in the Tigers Dan getting ready for his program. I love this graphic check that out This is a headline from Bloomberg. China says US agreed to tariff rollback if deal is reached be skeptical Folks just a headline out there from China. We'll see if that becomes a reality jumping back to the charts We'll start it off with the Dow 30. There's your acceleration to higher prices currently sitting 27,000 574 Nasdaq 100 trading at 82 39 just off the highs as well. We covered the S&P 500 futures trading at 3086 there's your crude oil market trading higher as well $57.26 gold contract pulling back a bit on that news gold trading at 1485 and the euro US dollar trading at 1 1067 as we wrap it up. It is still earning season tonight We get Disney after the bell Disney looking to trade a bit higher in the pre-market 132 25 right now closed yesterday at 131 27 stay tuned folks Larry Pes vento Coming up right now. I'll be back at 10 o'clock with Tom. I'll be right back