looks to be the dow down around 390. the nasdaq down around 146. as you mentioned the dow and nasdaq both briefly touching correction territory throughout the day and it s volatile trade. we started the day off with a steep drop. bounced back a bit during the day. then it touched session lows again. concerns here really over china and the chinese economy suffering and the government continuing to devalue their currency there, the yuan. when we hit lows of the day it was on a reuters report the yuan would drop further, potential 10% to 15% drop. that s something to continue watching. back over to you. wikate rogers from cnbc. josh is with us as well. josh, why are we hearing this phrase, increasingly, and there s been various perm utations of this throughout history when china sneezes, wall street could catch a cold? for a couple of reasons. china is the u.s. third largest