Right now in fast banks and bears on the street, the S&B posting its fifth straight day

of losses earnings does from JP Morgan and Morgan Stanley, setting the negative tone

for the markets.

Where do we go from here?

B.A.

Savita Subramanian will join us.

She now has the lowest S&P urine target on the street.

We're also watching the Eurozone Italy's Prime Minister Mario Draghi resigning the country's

president, though, will not accept it.

It's another brick in the wall of worry facing already fragile EU.

How soon before Europe's troubles land on our shores, and later, inside Alibaba's new

troubles with the Chinese authorities, the warning shot for overseas investors, plus beyond

the doom and gloom will go inside Apple's summer surge, and the unexpected winning streak

for chips.

I'm Melissa Lee.

This is Fast Money Live from the Nasdaq Market site on the desk tonight.

Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Dominion.

We start off at the markets.

Late-day grab for gains, the Nasdaq calling back from more than 2% loss at the open to finish

the day just barely in the green.

The S&P endow also finishing well off their lows of the day.

This even asks some disappointing results from the banks.

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