Russia said any U.S. sanctions imposed on Moscow over the crisis in Ukraine will boomerang back on the United States.» Read More
CNBC's Sue Herera and Simon Hobbs discuss the three drivers of today's market selloff, including the French elections, the resignation of Prime Minister Mark Rutte and his Cabinet, and the recession in Spain.
Maserati dealers in Italy are reporting a 80 percent drop in the first quarter compared to the same period last year, according to a Reuters report, due to a crackdown by the Italian government’s T-men—the Guardia di Finanza, or tax police.
CNBC's Rick Santelli reports on Europe's growth initiatives and whether austerity is the answer to its debt problems.
The Netherlands has always displayed budget discipline and would continue to do so, Dutch Finance Minister Jan-Kees de Jager told CNBC on Monday. "The perception of financial markets is always important...and that's why I also have the message for financial markets that for decades the Netherlands have shown a solid fiscal budgetary policy and this will not change. In any government we have seen in the past we have seen solid policy and this will remain in the future," he added.
The Squawk on the Street team discusses the latest major headlines, including lower futures since concerns in Europe continue and how shares of Wal-Mart are faring since The New York Times reported the company is in the middle of an alleged bribery controversy.
CNBC's Rick Santelli reports on the latest activity from the trading pits at the CME, with Rep. Ron Paul, (R-TX).
Dr. Ewalk Nowotny, ECB governing council member discusses the IMF's intervention amid Europe's growing debt problems and whether he sees bold changes ahead.
"There is a lot of bad news in the price [of the euro]. Of course there is a lot of bad news out there but it is hard for the euro to realty sell off dramatically unless we get something new, something that we haven¿t previously anticipated," Elsa Lignos, currency strategist at RBC Capital Markets told CNBC. "I don't think that's the Spanish issues, it's definitely not the IMF. The Dutch issue potentially interesting there's a little bit of political discord at the core but that said French elections at the weekend showed a slightly positive result there," She added.
The chief executive of Philips, Frans van Houten, told CNBC the company was pleased with its first quarter earnings announced on Monday, which beat analysts expectations.
Stephen Davies, CEO, Javelin Wealth Management says markets are still being driven by the big blue chips, which is what he is focusing on.
Jian Chang, China Economist, Barclays expects China's HSBC Flash PMI to pick up to around 50 on improving credit.
Rajat Nag, Managing Director General, ADB says it's naive to expect that BRICs will put up funding to IMF without wanting something in return such as a greater voice.
David Lipton, First Deputy Managing Director, IMF says having new pool $430 billion of IMF resources allows them to be ready for crisis in Europe and other countries in the world.
Laura Fitzsimmons, VP, Futures & Options, JPMorgan Investment Bank investors are starting to take profits on equities.
Discussing the French election and its impact on Europe and the euro, with Nicholas Burns, Harvard Kennedy School of Government professor.
Discussing the IMF pledge, how the French elections could impact the U.S. economy and whether China will have a soft landing, with William Rhodes, William R. Rhodes Global Advisors CEO & president.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
Brian Stutland, Stutland Volatility Group, makes a call on Total S.A. ahead of next week's French election.
Discussing the current state of the markets amid earnings season, and how big of an influence Apple has on the major averages, with Peter Boockvar, Miller Tabak and CNBC contributor Ron Insana.
Cytec Industries CEO, Shane Fleming explains why his company blames the slowdown in Europe and Asia for its weak 2012 outlook.
Joshua Klein, author of Reputation Economics, discusses how emerging technology is changing commerce as online reputation and data allow companies to tailor their offer to individuals.
Richard Mallinson, geopolitical analyst at Energy Aspects, discusses the impact the crisis in Ukraine could have on the price of oil and gas, as major pipelines linking Russia to Europe run through Ukraine.
Yuriy Lutsenko, leader of the Ukrainian Lidan Movement, casts doubts on the new Ukrainian government's ability to change the system and fight corruption.