Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money, and here's what's on tap for tonight.

Housing headaches, shares of Toll Brothers sinking, as you can see after the company's latest earnings report,

that after a dismal day overall for the builders, we're going to dig in on the numbers and bring you the trade on the housing space.

And back at Records, the S&P, setting its first intraday and closing record high.

Since late January, what's driving the move?

And is there more gas left in the tank for stocks? We're going to debate it.

Plus, a baba bounce takes the stock to three-year highs.

Investors bet on a win-for-win resorts, and meta breaks a historic

winning streak. What's next for the Social Giant? I'm Dominic Chewin from Melissa Lee this afternoon,

coming to you live from Studio B at the NASDAQ market site. On the desk tonight, Dan Nathan,

Guy Adami, Carter Worth, and Julie Beal.

Let's go right to the markets.

The S&P staging a late-day rally to set new record intraday and closing highs, as you can see there.

It's the first time since late January.

The Dow and the NASDAQ, by the way, also inching back towards records of their own.

We're going to get to all of that in just a few minutes time.

But we start with an earnings alert on Toll Brothers.

The Home Builder is sharply lower after missing Wall Street's earnings and delivery expectations estimates.

Our Diana Oleg joins us with all the relevant numbers, Diana.

Well, Dom, it was kind of an ugly first quarter for the luxury home builder, missing on the top and bottom lines.

Toll also came in short on deliveries,

revenue down 5% year over year. CEO Doug Yearly said in the release that the miss was mostly

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