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.

Stocks sinking to multi-month lows, a Dow crashing through a key support level,

but is this pullback a sign of more pain or an opportunity to buy in?

We'll debate that.

Bring in the names of traders or eye-informed entry point.

Plus, hire for longer?

No, this time we're not talking about interest rates.

The Senate set to vote tomorrow on legislation that could keep marijuana stocks soaring.

But one industry CEO has to say about what it means for the past illegalization.

And later, buy in in the big three,

will the president's trip to Michigan help or hurt the automakers and their employees?

A live report from the Motor City with the very latest.

I'm Melissa Lee, coming to you live from Studio B at the Nasdaq on the desk tonight.

Tim Seymour, Karen Fineman, Dan Nathan, and Guy Adami.

We start off tonight with the Dow's big breakdown.

The index dropping nearly 390 points today, closing below its 200-day moving average.

For the first time since late May, the S&P and Nasdaq seeing even bigger losses on a percentage basis,

mega-cap tech among the biggest drags today, Amazon dropping more than 4% Apple down over two,

that stock is at its lowest close in four months.

The moves come lower as Treasury yields continue to track higher.

The 10-year touching of fresh, 16-year high, topping out at nearly 4.6% during the session.

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