Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Three months to forget from tech to airlines to housing and beyond.

Stocks finishing Q1 in the red and with tariffs set to take hold this week,

detraitors need to brace for some of the same.

Plus, biotech blues, a key FDA official resigning in protest over

RFK Jr.'s views on immunizations and vaccines. The sector falling on fears that politics will trump

medical science. Should investors worry? We'll debate that. And later, the crumble of Corweave

shares continues. Gold hits another all-time high. Can it keep climbing? And we will break down why one tech analyst is mentioned in Google and Eastman Kodak in the same sentence. Yikes. Ouch.

I'm Melissa Lee. I'm live for Sue. I'll be at the NASDAQ on the desk tonight. Tim C. You more Karen Feinerman, Dan Nathan and Guy Adami. And we start off with the countdown to so-called Liberation Day. Wednesday, April 2nd, when a 25% tariff on autos and imports from any country that buys oil from Venezuela go into effect, we're also expecting announcements of reciprocal tariffs, markets on edge as the date approaches.

While the S&P and Dow both managed to post solid gains today, all three major indices are sharply lower so far this year.

The S&P and NASDAQ both notching their worst first quarter since 2020.

Uncertainty around the impact of tariffs on the economy weighing particularly hard on the

consumer discretionary names, the biggest drag in the markets this year, followed by tech

and communication services. Meanwhile, defense has been the best offense with energy,

health care, and staples leading the pack in 2025. But if we get clarity on trade in the coming

days, could that allow markets to put in a bottom start to rally? Or is there more pain and volatility

to come? What I heard today in terms of the conversation is there is no clearing event.

April 2nd will come and go and there will not be clarity still. Yeah, I agree with that. And I still think the

path of least resistance is lower. I think the good news and this is something that Tim said on a call

today, that 5,500 level of S&P, which is where we traded down to on March 13th and bounced from,

which is where we traded down to today and bounce from and bounce from, which is where we traded down to

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