Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
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
U.S. stock index futures pointed to a higher open on Wednesday with the Dow Jones industrial average on track to reach another milestone.
Dow futures rose 42 points, which would be enough for the 30-stock index to break above the 22,000 mark. The Dow came within 10 points of reaching 22,000 in the previous session as strong earnings impressed investors.
The index received a boost from shares of Apple, which rose 5.6 percent after the company posted quarterly results that blew expectations out of the water.
Once more, investors will closely monitor new earnings reports and data releases. Mondelez, Cardinal Health, Humana, Restaurant Brands and Groupon are due to report before the bell. AIG, Occidental Petroleum, Tesla and the Cheesecake Factory will report after the bell.
In terms of data, there will be mortgage applications at 0700 EST time, ADP employment figures at 0815 EST time and oil inventories at 1030 EST time. Two Federal Reserve members are due to speak at 1100 and 1530 EST time.
Oil prices dropped ahead of U.S. inventories data. Brent was trading at $51.72 and WTI at $49.03. According to Reuters, oil supply from Venezuela to the U.S. refiner Phillips 66 has fallen by more than two thirds in 2017 mainly due to quality issues.