and the threat of a trade war that could exact an even bigger pinch. franchesca chambers is here, jonas max ferris and melissa is also here. melissa, swoosh to what happened today. what caused this late-day sell off? i say late day. we seem to accelerate from noon to 1:00 p.m. when things finally closed. >> yes. the market did swish down today. after the rally yesterday, i really wasn't buying the rally yesterday. i didn't think it was anything of a big deal. we were down in the premarket. we fell. it's a holiday week. overall, july will be a volatile month. so many things coming up. the new tariffs are coming out with china friday. you have trump meeting with putin. it's earnings season. expect a lot of craziness in the market and the july markets could be done. i don't see us making new highs in the month of july in the dow