It does live for the NASDAQ market side. This is fast money. I am Brian Sullivan. Welcome everybody.

Your traders on the desk this evening are Brian Kelly, Karen Fireman, Dan Nathan, and Gaya Dami.

And we kick things off tonight with a major market alert.

Stocks plunging as the spread of coronavirus rattles investors.

The D. The D. The S&B and Nasdak all posting their biggest losses of the year by far.

The Dau falling 453 points.

And it was not just here in the United States.

Global stocks also selling off.

Every major market in Europe lost 2% or more, as did the Asian markets that were open.

Remember the China markets are closed for the Lunar New Year holiday all week,

maybe longer.

The economic fear is widespread across many industries and companies,

casinos, cruises, airlines, tech all falling deep into the red. So the question is this,

just how much will stocks continue to pull back as this virus spreads

Gaiadomate we hope it does not if it does get worse on that front do you expect the

equity markets to also react? Yeah and obviously we hope it gets better.

I mean, it's pretty clear, but I'll say this.

We're also attributing the sell-off today in large part to this virus.

Maybe it is.

Maybe that was sort of the final straw over the last however many months of things happening.

But a lot of things that have been taking place have been taking place long before anybody ever heard of the coronavirus.

I mean we're going to talk about the bond market

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