Stock markets around the world plunged Thursday, following one of the worst point drops in the Dow Jones Industrial Average's history on Wednesday. The 832-point drop rippled through Asian markets, with indexes in Tokyo, Hong Kong, Shanghai, and Taiwan falling between 3 and 6 percent. U.S. stocks on Thursday also continued to slide, with the Dow dropping over 300 points at one point mid-morning. President Trump blamed the Federal Reserve's newly-raised rates for the tumble, but Treasury Secretary Steven Mnuchin said the "correction" in the market was "not particularly surprising." Analysts say rising trade tensions between the U.S. and China could continue to cause strife; the CBOE Volatility Index, sometimes referred to as the "market fear index," is at its highest point in about four months.

Scroll for 5 things you
need to know now