Investors are rushing into the relative safe-haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
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President Donald Trump was expected to deliver remarks Thursday afternoon on supporting America's farmers and ranchersPoliticsread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.Trading Nationread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
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Farmers hurt by the ongoing U.S.-China trade war would rather have their markets back than the latest bailout from the Trump administration, says GOP Sen. Chuck Grassley.Politicsread more
Oil refiner stocks make a strong commodity play amid crude oil's rout, CNBC "Fast Money" trader Jon Najarian said on Thursday.
"We're going to have an oversupply situation for quite a while. That's good if you're a refiner," he said.
Sustained oversupply and a strengthening dollar relative to key global currencies have pressured U.S. crude prices this year. The commodity has shed nearly 20 percent year-to-date and more than 50 percent in the last 12 months.
CNBC "Fast Money" traders discussed how to trade oil's continued weakness.
Najarian pointed to four refiners that could rally if the low-price environment continues:
Exploration and production
Adami said giants Exxon Mobil and ConocoPhillips showed "false" rallies when they climbed on Wednesday. Exxon and Conoco both fell more than 1 percent on Thursday to sit near $84 and $62 per share, respectively.
"If money starts flowing into someplace, it's going to flow into the commodities," trader Brian Kelly said. He bought the iShares S&P GSCI Commodities-Indexed Trust on Thursday, which tracks futures in a broad range of commodities.
It dropped more than 2 percent on Thursday to sit around $19.
Jon Najarian is long AMAT, BABA, BAC, BMY, BP, CSX, DISCA, FOXA, GE, KKR, KO, LLY, LOCO, MRK, PEP, PFE and SAP. He is long calls AAL, AAPL, AMD, BABA, BAC, BK, CAM, CDW, CLR, COP, DAL, FB, FEYE, GE, GM, GRPN, GS, GT, HCP, HPQ, IAG, JPM, KO, KNDI, KRFT, LYB, MSFT, NEE, PEP, RAD, RF, RIG, RKUS, SPY, SYY, TEVA, UAL, UFS, WFC, WMB and XOM. He is long puts BHP.
Brian Kelly is long BTC=, sold some U.S. dollar, GLD, CTRL calls, GSG, HYG puts, BBRY, BBRY call spreads. He sold some dollar yen, sold some dollar/Canadian dollar, sold copper short, sold EWZ and TLT. He is short yuan. Today, he bought GSG.
Karen Finerman is long BABA, BAC, C, FINL, FL, GOOG, GOOGL, JPM, M, KORS, NAP, LPG and GLNG. She is short DIA. Her firm is long AAPL, BAC, C, CMLS, DIS, FINL, FBT, FL, GLNG, GOOG, GOOGL, IBB, JPM, LPG, LYV, M, OIH, KORS, NAP, XBI, SUNE and URI. Her firm is long calls URI. Her firm is short IWM, SPY and USO. Karen Finerman is on the board of GrafTech International.
Guy Adami is long CELG, EXAS and INTC. Guy Adami's wife, Linda Snow, works at Merck.