These are the stocks posting the largest moves before the bell.Market Insiderread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.Marketsread more
Here are the biggest calls on Wall Street on MondayInvestingread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
U.S. stock futures are under pressure Monday as oil prices spike after Saturday's coordinated strikes on key Saudi oil interests.Marketsread more
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.Trading Nationread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
An independent probe by former FBI director Louis Freeh has concluded that several private plaintiffs' attorneys worked together to corrupt a settlement process designed to compensate victims of BP's 2010 oil spill in the Gulf of Mexico.
Freeh issued a report Friday that cleared court-appointed claims administrator Patrick Juneau of any wrongdoing, but it found that private attorneys used a lawyer on Juneau's staff to expedite a claim for nearly $8 million. In return, that staff attorney received more than $40,000 in fees after referring a claimant to their private law firm.
While the report points to certain conduct within the program as problematic, Freeh didn't find any reason that would stop the settlement program from "fairly and efficiently processing and paying" legitimate claims in a timely manner.
- Associated Press