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
"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
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Bank stocks were a bright spot in the markets, as the Dow Jones industrial average shed about 85 points on Tuesday.
Financials was the only positive sector in the S&P, with the SPDR Financials Sector ETF trading up about 0.4 percent Tuesday afternoon. KeyCorp and SunTrust Banks were big gainers in that group, climbing more than 2 percent each. Tuesday's gains, however, haven't been enough to push the financials sector into positive territory for the year. The financials ETF was still negative for the year by about 0.31 percent.
Anticipation for an interest rate hike continued to build, leading up to the Federal Reserve's upcoming meetings in November and December. Richmond Federal Reserve President Jeffrey Lacker — a known proponent for raising rates and a non-voting member of the FOMC this year — said Tuesday there was a strong case for raising interest rates, arguing that borrowing costs may need to rise significantly to keep inflation under control.
Financials also found support from gains in shares of Deutsche Bank. The embattled bank's stock made some gains Tuesday, trading up as investors await the Justice Department's decision regarding a settlement with the bank regarding its investigations related to mortgage securities.
— CNBC's Evelyn Cheng and Chris Hayes contributed to this report.