It fell to a four year low and a rotation out of Growth Stocks some of those recent ipos all falling sharply today. Were down 237 points on the dow not far from the session lows. S p is down and nasdaq is down joining us for the full first hour of the show, dna nathan quick take on the market move. Its very similar to what weve seen in the last week of the first month of each radiator when weve been in earnings this hold year. We saw this in q1. We sold afterwards we saw it again in july. Other we are we made an incremental high. Thats what is consistent. One thing that took it down into enthusiasm about low expectations on earnings with some sort of negative headline about trade and i guess the question is, is this playing out the third time in a row this year Communication Services and utilities with materials, industrials, financials all down more than 1 well focus on the big stories. Bob pisani is covering todays market Kayla Tausche has the latest headlines on china mike santoli h