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10 things you need to know in markets today

Here's what you need to know.
U.S. Secretary of the Treasury Steven Mnuchin arrives for the State Dinner in honor of French President Emmanuel Macon at the White House in Washington

10 things you need to know in markets today

Here's what you need to know.
Oil poked its head above $80 on Thursday.

Oil briefly hit $80 for the first time since 2014

Around 10.45 a.m. BST (5.45 a.m. ET) on Thursday Brent reached a daily high of $80.12 per barrel, marking the first time since November 2014 it has passed above that mark.
Argentina's President Macri arrives for a news conference in Buenos Aires

‘Everything’ in Argentina is 20% to 30% overvalued and a crisis is on the way, according to an economist

A financial crisis has been building in Argentina for years, but was hidden by an inflationary bubble which politicians refused to look at because they wanted to "avoid the pain," said Daniel Lacalle, chief economist at Tressis SV and a fund manager at Adriza International Opportunities.
Berkshire Hathaway chairman and CEO Warren Buffett enjoys an ice cream treat from Dairy Queen before the Berkshire's annual meeting in Omaha

10 things you need to know in markets today

Here's what you need to know on Friday.
Traders and financial professionals work ahead of the opening bell on the floor of the New York Stock Exchange (NYSE), April 5, 2018 in New York City. After a chaotic trading day on Wednesday, the Dow opened up over 150 points on Thursday morning. Markets continue to be on edge due to concerns over a potential trade war between the U.S. and China.

Wall Street is sleepwalking past 3 looming market risks

Key risks include a record pile of leveraged corporate lending, external debt issues for emerging markets, and European banks' reliance on volatile sources of short-term dollar funding.
Snapchat CEO Evan Spiegel speaks onstage during 'Disrupting Information and Communication' at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 8, 2014 in San Francisco, California.

Stocks tumble as Fed holds rates steady and corporate earnings disappoint

Stocks slid on Wednesday, after the Fed left interest rates unchanged despite climbing inflation and some corporate earnings missed analyst expectations.