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
European markets closed lower on Wednesday amid escalating geopolitical tensions between the U.S. and North Korea.
The pan-European Stoxx 600 ended down 0.73 percent with almost all sectors and major bourses in negative territory.
Europe's banking index slipped around 1.4 percent on Wednesday as Germany's two biggest lenders, Deutsche Bank and Commerzbank, led the losses. Both lenders were off by more than 3.5 percent.
Chemicals also closed over 1 percent lower on Wednesday after weaker-than-expected earnings. Germany's Brenntag, the world's largest chemical distributor, slumped towards the bottom of the benchmark after reporting slower performances across Europe, the Middle East and Asia. Its shares dipped over 6.5 percent.
Elsewhere, Scout 24 soared towards the top of the index, up by more than 4.5 percent, after reporting an operating earnings increase at a "disproportionate rate" for the first half of the year, Reuters reported.
Meanwhile, in the U.S., indexes continued lower as investors reacted to increasingly aggressive rhetoric between Pyongyang and Washington.
Tensions between North Korea and the United States escalated to unprecedented levels after President Donald Trump warned the former would be "met with fire and fury" if it continued its threats. Pyongyang replied it was "carefully examining" a plan to strike Guam, where a U.S. military base is located.
Secretary of State Rex Tillerson said Wednesday he doesn't believe there is "any imminent threat" from North Korea, including to the U.S. territory of Guam.
However, investors were shifting from stocks to safe-haven options such as the yen, gold and U.S. Treasurys. The Swiss franc rose almost 1 percent against the U.S. dollar. European bonds were also among the top choices this Wednesday. The yield on the German government bond dropped to a six-week low. Yields moved inversely to the price.