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. Trouble lurking. The S&P 500 and NASDAQ setting new intraday records before pulling back today are reversals like these and those in a handful of other names, signs for concern in the market. And a no-vote, no-go shares of the one-time Farmer Darling hitting nearly three-year lows on

slash guidance and a new CEO. Is there any recourse for the embattled name? And a Boeing bummer

shares drop even after the company cut losses, a potential deal sent shares of CyberArc soaring

in the state of the retail trader, how investors feel after a quarter of big volatility and the resurgence of the meme trade. I'm Melissa Lee. Come to you live from the studio, be at the NASDAQ, on the desk tonight, Tim Seymour, Steve Grasso, Dan Nathan, and Guy Adami. We start off with what could look at first plants, like a relatively quiet day for stocks. While the S&P and NASAC both set intraday records early in the session,

all three major indices finished the day in shallow red territory, but some big moves elsewhere still caught our trader's eyes today. Bond yields, for instance, dropping ahead of tomorrow's

Fed decision. The dollar hit a one-month high against the euro and crude oil surging nearly

4% on hopes of trade relief. Take a look at some individual stock moves.

UPS dropping more than 10% after pulling guidance hit levels not seen since the pandemic.

And even Red Hot NVIDIA, which hit a record just shy of $180, end of the day down nearly a percent.

So do these big moves under the surface raise a warning sign, even when

the broader markets seem tame, Guy? You have to pay attention to him without question.

And obviously, tomorrow we can come back. They all can be making new highs. But you wait for

days like this to give you some indication that maybe something's turned. In terms of

NVIDIA, we saw very similar move back in January. The stock made an all-time high, 153 in change, closed lower on the day, engulfing pattern. By April, it's trading 90 bucks. In terms of the S&P, all-time high today, closed on the lows. You have to watch these things. I mean, this is how it starts. Now, it all could be different tomorrow or Friday, but today's one of those days where in a few months from that, we might come back and say, remember that sort of odd to his day in July? Well, that was the start of something. It did feel a little bit defensive in terms of the action in the sectors, utilities, staples, you know, within retail, it was a down day for retail across the board, except for Walmart. Walmart had a pretty decent gain. It felt like there was a little bit of safety seeking today. Well, I think there's safety seeking. But again, it gets back to the uncertainty that we have in an environment, and we're reminded that CEOs will use this opportunity to remind everyone else that they have a lack of clarity.

And we'll talk about UPS, and that was part of that story, even though nobody expected this CEO to give a lot of guidance.

And so the part that worries me are the market dynamics, which are we have seen outsized moves in stocks that have missed, especially stocks that have warned a bit.

And I think that

is something to think about. When you look at where there has been leadership, so far so good.

Look, semiconductors were up small in the day, and when you think about the move that they've had,

I think we're fine. But it is a handful of names that touch either consumer discretionary

or spending as relates to hospitality, airlines, travel. And I think we've seen a lot of weak spots. In fact, I think we've seen a lot of companies let you know that they're not so sure about the strength of their business. That's what on a quiet day in markets, and boy, all we've talked about is how important this week was. This is like the quietest day we have. If you think about it, we've got,

and I won't rehash everything we've said is happening this week. So not cause for alarm,

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