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 Thursday as investors reacted to corporate earnings and monitored geopolitical tensions surrounding North Korea.
The pan-European Stoxx 600 ended off by 1 percent with all sectors and major bourses moving south. Britain's FTSE 100 slipped more than 1.4 percent on Thursday amid weaker-than-expected economic data. The U.K.'s benchmark index registered its worst trading day in four months.
Basic resources stocks were the worst performers on Thursday, down by over 1.5 percent, despite some buoyant earnings reports. Glencore increased its full-year year profit forecast for 2017. However, its shares dipped more than 2.4 percent. The world's biggest miner, BHP, said it would invest significantly in its nickel business as demand for electric vehicles picked up, Reuters reported. Its shares closed slightly lower.
Coca-Cola Hellenic surged to the top of the European benchmark, up by over 9 percent after announcing that it remained on track to reach broad-based revenue and margin growth forecasts for the full year. Galapagos was also 8 percent higher following reports that a lung fibrosis drug passed a mid-stage study.
Meanwhile, in the U.S., stock indexes continued lower for a third consecutive day on Thursday as investors reacted to simmering tensions between Washington and Pyongyang.
Geopolitical fears remained the biggest concern after North Korea dismissed comments from President Donald Trump as a "load of nonsense" and said it was outlining plans for a missile strike near Guam, where the U.S. has a military base, in mid-August.
The flight-to-safety from global investors eased overnight, but it's continuing during European trading hours. Furthermore, a raid into the home of Trump's former 2016 campaign manager took place Wednesday, indicating that investigations into Russian interference in the election are escalating.
Data out Thursday showed the U.K.'s trade deficit rising in June due to a fall in exports. The trade deficit went from £2 billion ($2.60 billion) in May to £4.56 billion ($5.92 billion) in June.
In France, industrial output contracted 1.1 percent on a monthly basis in June.