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.

Stock sinking as President Trump's tariffs get ready to go live.

The NASDAQ officially erasing all of its post-election gains for the first time.

Volatility hitting its highest levels of the year.

How should investors protect themselves in this market?

We'll look for some answers. And shares of Nvidia sinking another 9% hitting levels not seen

since September. It's now lost a quarter of its value since hitting an all-time high.

Does this mark the end of the red-hot AI trade? Plus what a crypto reserve could mean for

Bitcoin prices. Could Europe be the place to put your money as Germany trains at records and target on deck what the retail giant might say about the impact of terrorists tomorrow?

I'm Melissa Lee.

Come to you live from studio, be at the NASDAQ on the desk tonight.

Tim Seymour, Karen Feinerman, Courtney Garcia, and Steve Grosso.

We start off with that late day's market sell off the Dow dropping 650 points,

the SSP posting its worst loss of the year. The NASDA closing below its 200-day moving average

for the first time since October of 2023. It is now at its lowest level since before the election.

The moves triggered by President Trump's promise that tariffs against Mexico and

Canada would go into effect at midnight.

For more, let's get to our Megan Cascella in Washington with the very latest.

Megan.

Melissa, given the way last month when we did see these tariffs delayed against Canada

and Mexico, there was a lot of hope and I would say even expectation earlier today that

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