I'm Melissa Lee and this is Fast Money.

Tonight's trader-dami, Tim Seymour, Bono, and Ison, and Karen Feinerman.

Tonight on Fast, a brutal sell-off rocking Wall Street stocks plunging with the

SFP 500 dropping 3.5% to close just off session lows.

The sell off taking no prisoners, every sector, every style of stock, whether it be growth,

cyclical value, even gold, finishing the day firmly in the red. The market now

on pace for its worst week since March at the heart of the selling an alarming

spike in COVID cases both here and abroad within the past couple of hours

Germany announcing drastic action

launching a new four-week shutdown of all restaurants, bars, and theaters meantime

France imposing a second full-blown national lockdown that will require people

to remain in their homes except when out for

essentials and here in the US the seven-day average of new coronavirus cases just hit a

new all-time high so is this what drove today to sell off And what sorts of scenarios is the market pricing and tighter lockdowns here,

a hit to the economy because of recessions abroad?

Guy, what do you say?

Yeah, it's fascinating, right? I mean, the market hasn't cared about a lot of the stuff that you just mentioned until for whatever reason this week.

So, you know, I've been sort of wondering why the market hadn't been selling off.

One of the things I've been saying is, you know, this Vic stubbornly above 25. the market

had been selling off. One of the things I've been saying is, you know, this Vicks stubbornly above 25

for quite some time was trying to tell the market something,

but the market didn't care. So my assortations, you know, my viewers on that were

...