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. The NVIDIA divide, the semi-stocks

surging to new heights, but the broader markets didn't come along for the ride.

How did we shift so suddenly from all eyes on NVIDIA to the fed back in focus?

Plus Boeing-Bungled shares tumbling as a struggling aerospace giant says cash flow is going to be even worse and expected

this year. Is there anything that can get the company back on track? We'll talk to one bull who still thinks

there's upside to be had. And later, Elf Beauty Sock gets a makeover, Ticketmaster forced to face the music,

and all the headlines out of the Asco Abstracts moving Healthcare stocks.

I'm Melissa Lee, I'm G. Live from Studio B at the Nasak on the desk tonight.

Tim Seymour, Karen Fireman, Steve Grosso and

Julie Beal. We start off with that big market divide. The Dow dropping more than 600 points

for its worst day. In more than a year, the S&P 500 in NazDAQ pulling back after hitting record levels early in the session.

That even as NVIDIA soared more than 9% on the back of an earnings report that few could find fault width.

So why weren't the strong numbers from the third biggest stock in the U.S.

enough to boost the rest of the market?

Maybe ironically, even stronger numbers on the economy.

A better than expected read on PMI sent probabilities of

September rate cut from nearly 58% yesterday to about even money right now.

So our markets now all about the Fed once again.

Tim, what happened today?

I think the Fed is the most important dynamic in the market

and will always be existentially.

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