The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Check out which companies are making headlines before the bell:
Equifax — The maligned credit reporting company's stock slipped 1.3 percent before the bell after it acknowledged that it faced another security issue earlier this year. On Sept. 7, Equifax reported a data breach that could affect 143 million U.S. consumers.
Tesla — Analysts at Jefferies initiated coverage of the stock with an "underperform" rating and a price target of $280 per share. That target represents a 27.3 percent downside potential from Monday's close of $385. Jefferies said in a note it expects losses to continue until 2020, adding Tesla still faces challenges in scaling its business.
Gap — The retailer's stock rose 2 percent in the premarket after analysts at Credit Suisse upgraded the stock to "neutral" from "underperform." They also raised their price target on Gap to $30 a share from $23. In a note, Credit Suisse cited the closing of about 200 "low-quality" stores, "an attractive valuation," and improvements in the company's supply chain.
AutoZone — AutoZone shares jumped 4 percent in the premarket after the company reported quarterly results that beat expectations. The company posted adjusted earnings per share of $15.18 on sales of $3.5 billion. Analysts polled by Reuters expected AutoZone to post a profit of $15.11 per share on revenue of $3.49 billion.
Michael Kors — Oppenheimer upgraded the stock to "outperform" and raised its price target $55 from $45 a share. "Margins seem to be finding the bottom, while sentiment is extremely negative," it said in a note.
Nike — The Dow component fell 1.5 percent before the bell after analysts at Susquehanna, lowered their rating to "neutral" from "positive." The analysts cited concerns that Nike's North America and Europe businesses are "decelerating as some key items, especially in the basketball category, have underperformed, leaving excess inventory in the marketplace."
Walgreens Boots Alliance, CVS — Analysts at RBC initiated both stocks with "outperform" ratings. For Walgreens, RBC said the company is primed for accelerating earnings growth as it "appears ready to harvest the rewards" of its efforts from the past two years. For CVS, RBC said the company is "at an inflection point in its corporate life cycle, as well as in the life cycle of the industry."
Kohl's — Kohl's said Tuesday it is offering free Amazon returns in 82 stores starting in October.