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 finished trade in the black on Thursday, with investors having spent the latter part of the session digesting the European Central Bank (ECB) latest rate decision and comments.
The pan-European Stoxx 600 closed up 0.27 percent on Thursday, with most sectors ending in positive territory.
In the meantime, the U.K.'s FTSE 100 popped 0.58 percent by the close, while the French CAC rose 0.25 percent and Germany's DAX jumped 0.67 percent. Periphery bourses however ended on a mixed to higher note, with Italy's FTSE MIB closing in the red.
Looking at sectors, autos continued to post solid gains, following on from a strong performance in recent days. The sector, however, came off its highs, closing up 0.44 percent after Italian automaker Ferrari had its rating downgraded to "underweight" by Morgan Stanley. It was the STOXX 600's worst performer, closing down 6.9 percent.
In individual stocks, Capita sank 2.4 percent as it lowered its underlying operating profit for 2016 after putting new international accounting standards into practice. The business services firm is currently looking for a new chief executive after a flurry of profit warnings.
Wendel was also found near the bottom of the STOXX 600, closing down 3.8 percent, after the investment firm said that its Chairman of the Executive Board, Frederic Lemoine, would leave by the end of 2017.
In banks, Nordea ended in the red after it announced that it would be moving its headquarters to Finland. The bank said it would move away from Sweden, to cut the costs enforced by its domestic regulators.
Meantime, the euro slipped from day's high of $1.2059 after the ECB left policy unchanged but pared gains to break $1.20 during Draghi's speech. The single currency has soared more than 14 percent this year, the strongest performance among major currencies.
ECB chief Mario Draghi said the outlook for growth and inflation remains "broadly unchanged." He said expansion has been solid and broad-based across countries and sectors, but underlying inflation remains subdued and this justifies further quantitative easing. However, the president did give investors food for thought, pointing to its October meeting as one to watch.
"This autumn, we will decide on the calibration of our policy instruments beyond the end of the year," Draghi noted, adding later on in the conference that it is likely that the "bulk of the decisions" will be taken during the month of October, rather than suggesting December.
"A tapering of the purchase programme will have to take place from next year due to technical constraints; however it is clear from today's meeting the majority of members on the Governing Council want more time to assess the incoming data to allow the relevant bodies within the bank to formulate plans for a gradual wind down of the programme," Brendan Lardner, active fixed income portfolio manager at State Street Global Advisors, wrote in a note.
Elsewhere, while North Korea tensions and U.S. politics continues to rumble on in the background, U.S. stocks came under pressure on Thursday around Europe's close, with banks leading the declines, with interest rates continuing their downward spin.