Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Wall Street could see a pullback of about 3 percent before year-end, strategist Katie Stockton told CNBC on Tuesday.
If the drop happens sooner rather than later, stocks could squeeze in another rally before January, BTIG's chief technical strategist told "Squawk Box. "
"The initial support for the S&P 500 is about 2,485," Stockton said. "That's based on its breakout point from September, and with a pullback of the magnitude, I think we would have a great opportunity to take advantage of a year-end rally."
"The swifter the pullback, the more likely it is a countertrend move," she said.
The pullback should help relieve "overly bullish sentiment" or "extreme greed" in the marketplace, Stockton said. She sees the S&P reaching 2,640 in the fourth quarter. It closed at 2,564.98 on Monday, its first down day in seven sessions.
"Earlier in October, we saw the sentiment data get to a point where it is a bit contrarian," Stockton said. "A little pullback should be enough to relieve that condition."
"There's definitely something keeping the floor under this tape," she added.
Also on "Squawk Box," Fifth Third Bank strategist Jeff Korzenik said Wall Street is in a bull market that "everybody loves to hate."
"When I am out speaking to high net worth individuals, they tell me they're holding cash aside," he said. "People used to wait for a 10 percent pullback, then a 5 percent, and now I think they'll take a 2 percent."