And 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. On the clock, Fed Chair Powell

just hours away from his must-see speech in Jackson Hole, Wyoming.

Will he tip his hand on rate cuts in September?

Will he spell out how many cuts we'll see by the end of the year?

And how will the markets react?

We are live in Wyoming straight ahead.

Plus, bottom of the barrel, crude, now hovering near its lows of the year

as fears about global growth take hold.

Should investors bet on prices falling more from here?

We're going to debate it.

And later, a throwback Thursday for a couple of COVID-darlings, Peloton and Zoom, on the

climb again, but can this duo ever recapture the magic they had during the pandemic?

I'm Sarah Ivan in tonight for Melissa Lee coming to you live from the studio B at the

Nasdaq on the desk tonight we've got Courtney Garcia Karen Finerman, Gaya Domi, and Tim Seymour.

But we start with a tough day for stocks.

The major averages closing around session lows,

second negative session in three.

The Nasdaq tumbling almost 30 points

worst day since August 5th when we had that big sell-off the S&P and the Dow also

falling today's weakness coming ahead of Fed Chief Jerome Powell's key policy speech tomorrow at

Jackson Hole.

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