Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
U.S. stock index futures declined Wednesday following a weaker-than-expected private-sector jobs report and as the impasse over the U.S. spending bill continued for a second day.
Private employers added 166,000 jobs in September, according to the ADP National Employment Report. Economists surveyed by Reuters expected a gain of 180,000. The ADP data is usually seen as a preview to the widely-watched monthly government jobs report, which is likely to be delayed due to the shutdown.
The first partial U.S. government shutdown since 1996 has left nearly 800,000 federal employees on unpaid leave, after Democrats and Republicans failed to agree on a solution before Monday's midnight deadline. It is uncertain when the standoff could come to an end, but the dispute raises concerns over the looming debt ceiling, which has to be raised before October 17 if the government is to avoid a default.
"We believe the U.S. government shutdown over the continuing resolution should be primarily seen through one prism – does it increase or decrease the chances of a smooth resolution to the debt ceiling? For now, the markets seem to believe that this shutdown will cause only minor disruption and will, at the very least, not worsen the debt ceiling negotiations – and we agree," Barclays analysts Hamish Pepper and Ajay Rajadhyaksha said in a research note.
Weekly mortgage applications slipped last week as a drop in demand for purchase loans outweighed an increase in refinancing demand, according to the Mortgage Bankers Association.
Two Federal Reserve officials Eric Rosengren and James Bullard will also be speaking on the economy.
Monsanto slumped after the agricultural biotechnology company posted quarterly results that missed expectations and handed in full-year earnings that also fell short of estimates.
Microsoft ticked lower after three of the top 20 investors in the software giant lobbied to press for Bill Gates to step down as chairman of the company he co-founded 38 years ago, according to sources.
Alcoa slid after Deutsche Bank cut its rating on the aluminum producer and former Dow component to "sell" from "hold."
Across the Atlantic, Italy faced its own political difficulties, with Prime Minister Enrico Letta due for a confidence vote on Wednesday. The vote comes after five ministers from Silvio Berlusconi's center-right party tendered their resignations at the weekend at his behest. Letta has rejected the resignations and Berlusconi could now face a rebellion in the confidence vote.
In addition, the European Central Bank will hold its policy-setting meeting later in the day. Investors are likely to focus on whether the central bank will hint at the need for further long-term refinancing operations (LTRO) to help support the economy.
—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
On Tap This Week:
WEDNESDAY: Bernanke speaks, Dell event
THURSDAY: Challenger job-cut report, jobless claims, factory orders, ISM non-mfg index, natural gas inventories, Fed's Fisher speaks, Fed Gov Powell speaks, Fed balance sheet/money supply; Earnings from Constellation Brands
FRIDAY: Nonfarm payrolls, Fed's Kocherlakota speaks
What's Trending on CNBC.com: