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Terror. and a manhunt is under way. rough day for the markets. dow and s&p 500 erasing all gains for the year. the nasdaq in official correction. and here we go again. no powerball winner overnight. the saturday jackpot is $750 million. a guy can dream a couple more days. good morning. this is "early start." i'm dave briggs. >> i'm christine romans. the question now is is it over? the mail bombs sent to several prominent democrats and to us here at cnn. none exploded, but a source telling cnn the fbi is handling the investigation as domestic terrorism. the bureau says more devices could ha...

Guns. cameron kasky said yes. first, president trump said he would slap tariffs on $50 billion of chinese goods and china targeted exports tariffs. that is wall street s worst wee in years. the dow is down 11.6% since the recent high. that is known as official correction. the timing could not be worse. big name ceos are speaking out against the protectionism like tim cook and larry fink. steve mnuchin says the president will not back down. >> president trump said we are not afraid of the trade war. that is not our objective. we are trying to reach agreement

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 ...

President of sea port securities, financial firm, and christina, i start with you. what's driving the spiral? >> what's driving the spiral is the party's over. it's the end of cheap money because investors in the stock market are looking over to the bond market, and they are seeing deals rise, and that's because of inflation fears and the fears that fed raises interest rates faster than previously expected, making it more expensive to borrow money, hire workers, undercutting the foundations of the stock market, which is earnings. that is what the stock market is concerned about. we're in an of...

The dow dropped 392 points on thursday. it is now down more than 5% for the start of the year. something we have never seen before. dow and nasdaq in official correction for them. there's a 10% drop from the highs last summer. the s&p 500 has a way to go. both futures are rather higher. markets in europe are up. asia finished mixed. this is a relief. what you are seeing on your screen is a relief from the selling we have seen all week. china has ditched circuit breakers that halted trading twice this week. the move was meant to calm investors down after a steep drop. it added to the uncertaint...