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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
U.S. stock-index futures pointed to a lower open Wednesday as benchmark Treasury yields held near record lows and overseas stocks fell.
Dow futures fell more than 100 points, while S&P and Nasdaq futures dropped 12 points and 30 points, respectively.
Brexit and global growth fears pushed investors back into "risk-off" mode on Tuesday and this continued on Wednesday. The latest spur was the suspension of three U.K. commercial property funds this week, which was seen by some as the first sign of markets seizing up following the U.K.'s vote to leave the European Union.
The benchmark 10-year U.S. Treasury note yield was near 1.336 percent on Wednesday, below Tuesday's record low of 1.357 percent. Bond yields move inversely to prices.
The 30-year Treasury yield hit a fresh record low of 2.098 percent, according to Reuters.
Overnight, pound sterling hit a 31-year low and was last trading slightly above that level around $1.297.
The U.S. dollar index traded a touch lower, with the euro near $1.108 and the yen near 100.7 yen versus the greenback as of 8:42 a.m. ET.
The U.S. May trade deficit was $41.1 billion versus $37.4 billion the prior month.
The ISM Services index for June is also due for release. Plus, there will be the Federal Open Market Committee minutes for the meeting last month, which pre-dates the U.K. referendum vote to leave the European Union.
Friday's official non-farm payroll will be the next big data event.
"Any further deceleration in the pace of U.S. employment (and hence economic) growth would take the global economy even closer to stalling speed," Kit Juckes, strategist at Societe Generale, said in a note on Wednesday.
Walgreens Boots Alliance reported ex-items earnings of $1.18 a share that beat expectations on revenue of $29.5 billion that missed forecasts, Reuters said. The firm didn't discuss impact from Brexit to its business, while raising the lower end of its full-year adjusted profit forecast