The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
European stocks ended sharply lower on Tuesday, brought down by autos tanking, several major mining companies being downgraded and oil prices weighing on investor sentiment.
The pan-European STOXX 600 finished the day significantly lower, down 3.1 percent.
London's FTSE 100 sunk around 2.8 percent, weighed down by Glencore shares and other miners that are heavily weighted in the index.
U.S. stocks too traded sharply lower Tuesday, pressured by anxiety over slowing global growth and the Federal Reserve's decision to keep rates unchanged.
Tuesday was a rough day for individual stocks, with Volkswagen shares closing nearly 20 percent lower—following declines of 18 percent on Monday—on the news that it could face an $18 billion fine in the U.S. for rigging emission tests on its diesel vehicles.
The German carmaker said on Tuesday that it planned to set aside a provision of 6.5 billion euros ($7.2 billion) and the company's U.S. head said it had "totally screwed up" by cheating on the tests.
Ripple effects were felt among European automakers, particularly after French Finance Minister Michel Sapin called for a Europe-wide probe into the industry.
In addition, major basic resources names tumbled on Tuesday after Credit Suisse downgraded its outlook on a few of the stocks in the sector.
Glencore, Anglo American and Antofagasta were among the worst performers on the FTSE 100, all ending more than 6.5 percent lower after Credit Suisse cut their respective outlooks. Glencore traded more than 11 percent lower at one point, taking shares below £1 for the first time.
Meanwhile, BHP Billiton said it might raise cash by issuing multi-currency hybrid debt, in an announcement that preceded shares closing more than 5 percent lower.
Oil prices rocked investor sentiment Tuesday, as prices plummeted on uncertainty surrounding global demand, with Brent crude nearing $48 per barrell and U.S. WTI crude around $45.50. Shares of key European oil companies were shook up by this, with Petrofac and Neste closing sharply in the red.
Europe's pharmaceutical sector was also under pressure after U.S. Democratic presidential candidate, Hillary Clinton, tweeted that she planned to take on "price gouging" in the industry. London-listed Shire and AstraZeneca both closed well over 4.5 percent lower.