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]

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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.