10 things you need to know today: August 2, 2013

Markets close at record highs, Snowden's release complicates Obama's Russia trip, and more

A trader works on the floor of the New York Stock Exchange at the end of the trading day on August . The Dow Jones industrial average and S&P 500 rallied to new highs on Thursday.
(Image credit: Spencer Platt/Getty Images)

1. SNOWDEN ASYLUM PUTS OBAMA'S MOSCOW TRIP IN DOUBT

The White House, angry over Russia's decision on Thursday to grant Edward Snowden temporary asylum, is still debating whether President Obama will go through with a visit to Moscow this fall. The dispute over Snowden heightened Obama and Putin's disagreements on major issues, from the Syrian civil war and Iran's new president to missile defense and nuclear arms reductions. [The New York Times]

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us

Terri is a freelance writer at TheWeek.com. She's a graduate of Northwestern's Medill School of Journalism and has worked at TIME and Brides. You can follow her on Twitter.