we begin with more bloodshed in egypt. egyptian officials say suspected militants killed 25 policemen this morning in a border town on the northern sinai peninsula. there are growing calls on capitol hill to discontinue u.s. aid to egypt. while egypt s military says it won t tolerate anymore violence. ko is in washington with the details. ko? reporter: good morning, anne-marie. clashes are also dividing leaders in washington. there are fears of an army rule. there s delicate diplomacy. egypt s military is stepping up. armies are in the streets and police are arresting anyone violating the curfew. the general told the country he will not tolerate anymore violence. translator: we will not stand by silently watching the destruction of the country and the people. reporter: more than 800 have been killed in clashes between security forces and ousted president morsi. the protesters are terrorists trying to bring down the country. the protesters are saying they staged a cou pf
raindrops in the north bay. the storm track will stick to the north. here any brain that we see will be north of the golden gate bridge. the rest of us will be dry under cloudy conditions. here is a live look from our roof cam. you did not see much because we have low clouds and dense fog in fact the national weather has issued a dense fog advisory until 9:00 a.m.. the temperatures are mainly in the upper 40 s, low 50 s. only about a mile drive around and napa. it is 0 for those of you and the bottle.in novado. 62 degrees in pleasanton. if the seven day around the bay shows that the temperatures will climb at we will see just a mixture of some of clouds. there is a slight chance for rain on wednesday. the chance may continue into the weekend. quickly looking at the bridges. here is a live look at the richmond san rafael bridge. no problems, no delays. is a pretty easy ride throughout the bay and we have no reports of delays at the bay bridge or the san mateo bridge. here
we ll go there. let s go outfront. good evening, everyone, i m erin burnett, and outfront we begin with the breaking news of the dow dropping, nearly 350 points in the last 48 hours. the biggest selloff for stocks in nearly two months. the president of bianco research joins me. jim, what s causing this? you have companies really big, important ones like walmart saying we re worried, things aren t as good as we thought? at the same time some economic data on jobs seems to be better than what people thought. so what s the problem? that is the problem. it s a conflict that wall street is trying to struggle with. it all comes back to the federal reserve and whether or not the stimulus that the federal reserve has been giving us through quantitative easing will continue. they were worried about the claims of unemployment insurance the lowest levels since 2007 that the federal reserve might pull back on the stimulus and that was an overwhelming concern for the bond market t
we begin with jeff pegues. reporter: with nearly 900 killed in five days of clashes with the egyptian military the call to end the flow of u.s. money are getting louder. south carolina senator lindsay graham believes egypt is looking more and more like a failed state. we re going to have to suspend our aid because we can t support the reaction of the military. reporter: historically the u.s. has been a sponsor of the egyptian military with 1.5 billion dollars in aid the u.s. sends egypt yearly, 1.3 of it is for the country s security forces. it was the military that ousted the elected president mohammed morsi and is shooting the president s supporters. middle east analyst mohsin khan says even if u.s. aid is suspended it will have little affect. egypt needs something close to between 15 and 20 billion to get by. 1.3 billion is not really going to be much. an they re going to get a lot more from the arab countries. reporter: for decades the u.s. has relied on egypt s