Live from the Nazac Market site in the heart of New York City's Times Square.

This is Fast Money. Here's what's on tap tonight. The Middle East on the brink,

Iran launching nearly 200 missiles into Israel in response to the killing of a Hezbollah leader. We'll have the

latest on the attacks and go inside the market's surprisingly muted reaction.

Plus on strike, port workers up and down the east and Gulf Coast walk off the job

couldn't extended stopage deal of blow to the economy. We'll debate that. And later

a jewelry maker tarnished by a C-suite change inside China's continued new bull run and the reason Boeing stock

had a rare good day.

I'm Melissa Lee.

I'm to you live in studio be at the Nasak on the desk tonight.

Tim Seymour, Karen Feinerman, Steve Brasso, and Diadami.

And we start off with the latest escalation

of tensions in the Middle East.

Iran, confirming it launched a ballistic missile attack

on Israel, this after Israeli ground forces

entered southern Lebanon and killed a Hezbollah leader.

Markets dropping on the news, though did closing off the lows of the session.

The S&P 500 down just about a percent.

The Dow shedding 173 points in

Nasak the biggest lagger dropping a percent and a half it had been down two and a

quarter percent at lows meantime crude oil and gold prices were both higher.

Volatility hit its highest level since mid-September in the yield on the 10-year briefly dropping

...