Right now, on Fast Money Stock, slumping ahead of tomorrow's huge Fed decision, more than

a quarter of the S&P 500 hitting new lows.

The Fed gets to do something that is not done, since Bill Clinton was president.

It's not all bad. Speaking of presidential trivia, FedEx having its best day since

Ronald Reagan called the White House his home.

Up over 14% today, look at why a dividend hike and new board members gave the stock a boost.

Karen is happy. And later, the 30-year mortgage jumping to almost 6.3%, George W. Bush was just

weeks away from the start of the financial crisis and the last time that rates stood at these levels.

Good evening. Good afternoon, everybody. I am Brian Sullivan and from Alyssa Lee once again.

This is Fast Money and as always, we are live with the Nasdaq Market site on your desk tonight.

We've got Tim Seymour, Karen Feynman, Dan Nathan and Pete Egerian, who is co-founder of MarketRabellian.com.

And we begin the countdown to what could be one of the biggest Fed meetings in recent memory.

Now, the expectation for many is for a 75 basis point or 3.4 of 8% rate hike.

If we get it, it would be the biggest move from the central banks. It's 1994, but

they're also plenty of smart people out there saying we could get just a half a percent or even

a full 1% from Jay Palin company tomorrow. And we will find out tomorrow 2 p.m.

Eastern time, obviously be here on CMBC just for that. Now, the broad markets are relatively

muted ahead of that decision, taking a bit of a breather at the four days of deep losses,

but a look under the surface may suggest that things are not as calm as they appear.

Five days losing streak now for the Dow and the S&P companies like JP Morgan,

Target, Microsoft, Nvidia, and Home Depot. I'll hit a new 52 week lows today.

The usually safe and steady utility sector collapsing down 11.5% in just five sessions.

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