Live from the NASDAQ markets

are in the heart of New York City's Times Square.

This is Fast Money.

Here's what's on tap tonight.

Three big trades from the drop in oil prices

and home builders to the diverging fortunes and the semi stocks.

We're digging into the headlines behind the moves and how our traders are playing them.

An opportunities abroad, elections in India and Mexico sending those two markets in wildly different directions should you book your

ticket into these emerging market trades will debate that.

Plus coming to terms, Paramount's and Sky Dance finally agreed to a deal.

Toyota tumbles in Japan's auto safety scandal widens and structure therapeutic surges on

its latest oral GLP1 drug trial results.

I'm Melissa Lee coming to you live from Studio B at the Nasak on the death tonight,

Korni Garcia, Karen

Fireman, Dan Nathan, and Guyadami. We start off with the three trades on our

radar today, crude crumbling, excuse me to its lowest price since February.

Home builders on edge despite a drop in Treasury yields today and

a seeming divergence in the semi-trade with Invidian AMD moving in opposite directions

after their Computex news. We start tonight with a oil, price falling almost 4%.

Their worst day since January, the move coming is 8 OPEC plus members said they would

start phasing out production cuts in October.

That would bring more than 500,000 barrels per day back to the market by the end of the year

...