Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
Energy stocks may be fueling up for a comeback rally. One technical analyst says that after the sector's pummeling, these two stocks look particularly good.Trading Nationread more
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.Marketsread more
Financial advisers are always "buying at the wrong time and selling at the wrong time because they're emotional," the billionaire founder of Baron Capital says.Marketsread more
"We think the stock is appealing once again," J.P. Morgan says of Beyond Meat.Marketsread more
"It was a right time for them to make the change, and it was the right time to buy the stock," Bruce Linton tells CNBC.Health and Scienceread more
A new probe could bring more pressure to some of the nation's largest tech firms, which are already facing federal scrutiny.Technologyread more
As trade tensions escalate, market watchers remain on edge.
"What we do know now is President Trump is dead serious about protectionism and tariffs," Michael LaBella, equity strategist at QS Investors, told CNBC. "This is not going to be a political sideshow."
On Tuesday, President Donald Trump's administration released a list of more tariffs — this time a 10 percent tariff on as much as $200 billion worth of Chinese goods. The latest round of levies faces a review process, with hearings taking place in August.
The announcement came just days after the U.S. imposed on China. Beijing retaliated with tariffs of its own.
"Bringing in an additional $200 billion in potential tariffs can quickly escalate to over a trillion dollars of trade-related tariffs that hit ... China, the U.S. and European Union, " LaBella said Wednesday on "Power Lunch. " "This is a major issue that the market, up until today, has been completely neglecting."
All three major indices fell during Wednesday's trading session, ending a four-day winning streak for the Dow.
But Jack Ablin, founding partner and chief investment officer of Cresset Wealth Advisors, said the good news is that the market movement on Wall Street is relatively small.
"I would call what we’re in ... a stealth correction, which is probably one of the best corrections we could possibly have, where we just tread water sideways and let fundamentals catch up," he said on "Power Lunch" Wednesday.
"It might be a Kabuki dance, where you get all the parties engaged and then all of the sudden, you get negotiations and things get resolved," Anthony Chan, chief economist at Chase, said Wednesday on "Closing Bell. " "If you look at the market, if you look at the S&P 500, it’s still up [year to date]."
Chan pointed to a tight labor market and strong economic growth as indicators of a healthy economy and predicted a profit growth of 22 percent during the next earnings cycle.
"So clearly investors are not completely unfazed or completely unnerved by this situation, because really, they’re still paying attention to the fundamentals," Chan said.