President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
A correction is coming for the stock market in the new year that will provide a buying opportunity, one trader predicted Friday.
Peter Costa, president of Empire Executions, told CNBC's "Closing Bell " he's been out of the market and will be watching the first couple weeks of trading and how earnings start coming in.
"I think that a lot of these stocks, big cap, small cap, they all got ahead of themselves. And I think that there will be a correction to bring them back to some sort of normalization in pricing and once it gets back there, I'll be back in the market," said Costa, also a CNBC contributor.
While he's not sure how much the market will correct, he said he doesn't think it will be disastrous. He said a 6 to 8 percent pullback could be healthy.
"Shark Tank " investor Kevin O'Leary, chairman of O'Shares Investments, also sees the possibility of a correction as people keep a close eye on President-elect Donald Trump's policies once he takes office,
"We're not going to trade in the new year on Q4 earnings. We're going to trade on the pace at which Trump can ram through changes on regulation, on energy deregulation, and on changes to corporate and personal taxes," he told "Closing Bell."
"If any of that gets slowed down, it won't matter what the earnings in Q4 were, you've going to see a major correction sector by sector," he added.
Meanwhile, Tom Lydon, president of Global Trends Investments and editor of ETFTrends.com, sees bullish signs in the market for exchange-traded funds. The industry had a record year of inflows, with almost $300 billion going into ETFs, he told "Closing Bell."
"It doesn't seem to be slowing down anytime soon," he said. "The appetite's there; 74 percent of advisors just told us two weeks ago that they plan on adding more money into ETFs as we go into next year, fueling the bull market in stocks and bonds."
If there is a correction, he suggests hedging on currency and higher interest rates, as well as staying diversified.
Veteran trader Art Cashin, UBS director of floor operations at the New York Stock Exchange, is expecting a lot of volatility in 2017.
"They want to see what the new administration is going to propose, how likely are they to get it done early. So I think we'll have some ups and downs," Cashin said in an interview with "Closing Bell."
— CNBC's Melody Myers contributed to this report.
Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."