Live in 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. A Friday fade, stock selling off on the back of a grim inflation outlook and continued worries about Liberation Day, aka tariff day next week.

Well, the coming earnings season helps stabilize the market or add yet another problem. We'll debate that.

Plus, core weave stumbles, the biggest tech IPO since 2021 closing, unchanged. So much for an opening

day pop. What does it say about what is next for the AI trade? And later, the latest on Lulu's

lemony, sour post-earnings action inside Nova's worst month since 2002, and the traders bring us their most important

chart to get you ready for Q2. I'm Melissa Lee coming to you live from CDOB at the NASDAQ on the

desk tonight. Tim Seymour, Karen Pynerman, Courtney Garcia, and Guy Adami. We start off with that

tech-led sell-off on Wall Street. The NASAC sinking over 2.5% ending the day just shy of its lowest close of the year.

And with just one trading day left in Q1, the index is pacing for its worst quarter in nearly

three years. Every member of the so-called Magnificent 7 was down today. The group losing a

combined value of over half a trillion dollars in today's session alone. The SEP Dow and small cap Russell 2000 also

sharply lower today. And in March, all firmly down on the year as well, the catalyst behind today's

action, more hot inflation data. The Fed's preferred measure of prices coming in slightly

above estimates and the University of Michigan's long-term inflation expectations hitting a

32-year high. So as we get ready to close

out Ki-1, face the onset of new tariffs, and the March Jobs Report next Friday, should we expect

more volatility to grip the markets, Guy? Volatility, absolutely. Pain, I think, comes along with

volatility. And, you know, you say what you want.

The market sold off 600 S&P handles from the all-time high to that recent low on March 14th.

Pretty much in a straight line. The bounce made sense almost to the penny, as Carter would say, thought maybe 58 in a quarter.

It got close, 50% retracement. And now this sort of resolution of selling whatever want to call it to me makes a

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