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10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Thursday.
10 things you need to know in markets today
Reuters/Brendan McDermid
1. The Dow Jones industrial average fell 831.83 points, the third-largest one-day point drop in history, amid fears surrounding global growth, rising interest rates, and trade disputes. The S&P 500 index dropped 3.29 percent, its worst one-day decline since February, while the Nasdaq Composite lost 4.08 percent. Asian markets followed. The Shanghai Composite Index has tumbled 4.34% to a four-year low. Here are the biggest one-day point drops in the Dow's history.
2. The stock market declines raised the stakes for U.S. inflation figures due later on Thursday as a high outcome would only stoke speculation of more aggressive rate hikes from the Federal Reserve. The blood letting was bad enough to attract the attention of U.S. President Donald Trump, who blamed the Fed, which he said has gone "crazy" raising interest rates.
3. New reports published on Wednesday indicate that the Saudi crown prince Mohammed bin Salman may have been involved in a plot to lure journalist and prominent Saudi critic Jamal Khashoggi from Virginia back to Saudi Arabia. Khashoggi, a former adviser to senior officials in the Saudi government who had been living in the US, entered the Saudi Consulate in Istanbul on October 2 to secure official documents. The 59-year-old has not been seen since, leading to speculation that he could have been kidnapped or killed inside the consulate.
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