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Stocks in a freefall today. the dow taking a nose dive, falling nearly 3%, closing down 760 points. it's the worst day this year. abc's chief business correspondent rebecca jarvis is live on wall street for us tonight. and rebecca, a big move by the treasury just a moment ago, officially labeling china as a currency manipulator tonight? >> reporter: that's right, david. consider this a major escalation in the rhetoric of the trade war. the big question on wall street tonight is how much longer this game of chicken lasts. u.s. businesses acknowledge they would like to see a more even playing fi...

Learned about these questions over rob porter's security clearance as these domestic violence allegations surfaced this week in the press. the white house says that the president was saddened and surprised. now, as for these questions about john kelly, the white house still says the president has confidence in him, david. >> all right, cecilia vega, our thanks again to you tonight. and as the white house was riding out this latest storm, traders on wall street were riding out the latest plunge on the dow. the stock market once again in a freefall today. the dow losing more than 1,000 points ...