Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
The U.S. stock market is under pressure once again, with more than half the falling into correction territory.
More than 275 components in the broad index were down at least 10 percent from their 52-week highs as of 11:04 a.m. ET. Of those companies, 84 were in bear-market territory, or down at least 20 percent from their one-year high.
General Electric is the stock farthest from its 52-week high, trading more than 55 percent below that level. Newell Brands, Baker Hughes and Mattel also traded more than 50 percent below their highs. Other stocks in correction territory include Google parent Alphabet, Pepsico and Harley-Davidson.
The U.S. stock market came under pressure Thursday as a combination of trouble in the technology sector and concerns about a potential trade war rattled investors. Facebook shares added to this week's losses on Thursday, falling more than 1 percent. Meanwhile, investors awaited a White House announcement on Chinese tariffs.
The S&P 500 itself, which fell briefly into correction territory last month before recovering, is down 6.9 percent from its record high set earlier this year.
The chart below shows the S&P 500 stocks in correction territory: