American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Recent erratic trading resembles the emerging market driven correction in 1997, but it may not spell an end to the bull market, noted investor Ken Fisher said Tuesday.
"The likelihood is that we have more pain ahead and that it's over just as fast as it began. But trying to time that is a fool's game," said Fisher, CEO of Fisher Investments, in a CNBC "Closing Bell" interview.
Weakness in China spooked investors again Tuesday, as major U.S. averages dipped nearly 3 percent to close in correction, or 10 percent lower than their most recent highs. In the fall of 1997, a financial crisis in Asia sent stock markets plummeting.
Fisher noted that he sees multiple similarities, including emerging market currency risks, stable interest rates, sagging commodity prices and a long period without a correction.
"This acts and seems to me exactly like the 1997 correction," he said.
He stressed, though, that bull markets do not end quickly as they "die with a whimper and not with a bang." Fisher predicted that stocks would dip again, only for the bull market to resume while traders still fret about the correction.
But others have contended the yearslong stock climb could be coming to an end. A lack of momentum recently shows equities may be entering a bear market, said Louise Yamada, founder of Louise Yamada Technical Research Advisors, in a CNBC "Futures Now" interview Tuesday.