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and general defense. controversy swirls over when chief of staff john kelly knew about the porter abuse allegations, two ex-wives. as new reports detail a history of john kelly downplaying disturbing accusations. >> you'll have to explain to the president what he knew, when he knew it. >> probably explain to the american people as well, maybe even hope hicks. we begin today with breaking news. a wild ride on wall street. as of right now, the shutdown crisis in washington appears to be over. but the meltdown in the markets keeps on going. i have a great team here to break all of it down, starting with cnbc's sima moody at the new york stock exchange. we are in correction territory so that is a 10% dip from the high. we have to remember january was the 52-week high. we have been on a tear. can't we look at this as normalizing? >> well, not necessarily.

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