BREAKING NEWS: Stocks Looking at Ugly Open, Dow Futures Down 230

The major stock-market indices are expected to open sharply lower when trading begins Thursday morning, weighed down by a host of negative factors. Morgan Stanley and Goldman Sachs have lowered their global growth outlooks, and weekly jobless claims were higher than expected last week. Dow futures are down 230 points, stock markets around the world are sharply lower and gold is rallying.

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