Right now and fast, fade on the street.

Stock slide into the Closie S&B with its worst day in more than a month and now a new

worry front and front and center from Washington, a debt ceiling fight that potentially could

end very badly.

Plus, Netflix also on the clock set to report tomorrow after the bell the stock's been on

a tear of 35% in the last three months but hasn't reached a breaking point or is it ready

to take the streaming crown?

And later, isn't move higher for the airlines about to hit some turbulence?

The options action on that sector straight ahead.

I'm Melissa Lee.

This is fast money.

We're live with the Nasak Market site on the desk tonight.

Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami and we start off with a major loss

of momentum on the street markets closing near their lows of the day with the Nasak

breaking its longest win streak in over a year.

The Dow leading the loss is dropping 1.8% every single member of that index down today.

It is now less than a half a percent from going negative for the year.

So does today's action suggest the rally we saw at the start of the year has run out

of steam, particularly as we approach earning season, Tim, what do you say?

Well, we had some, you know, we talked macro on the show a lot and probably sometimes

viewers are tired of it.

I'll just say that the data this morning was awful.

...