The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Asia Pacific markets mostly rose on Monday as major Chinese indexes leaped more than 4 percent.
The added 4.09 percent to close at around 2,654.88. Earlier in the day, the index saw gains of more than 4.5 percent.
Elsewhere, the Shenzhen composite gained 4.899 percent to close at about 1,325.73.
One market observer, however, voiced skepticism over the recent rally in mainland Chinese stocks.
"Eventually, at the end of the day, fundamentals will still rule," Vasu Menon, vice president of group wealth management at OCBC Bank told CNBC's "Street Signs" on Monday morning.
Menon pointed out there were lingering concerns over Beijing's trade war with Washington. "It doesn't look like it's going to end anytime soon," he said.
"You see a rebound today, but does it mean that the markets have turned a corner and you know, will hit higher? I'm not sure. I don't think so," Menon said.
In Japan, the erased earlier losses to close 0.37 percent higher at 22,614.82 while the Topix index gained 0.15 percent to end the trading day at 1,695.31. South Korea's Kospi gained 0.25 percent to close at 2,161.71. In Hong Kong, the rose 2.22 percent in afternoon trade.
Down Under, the benchmark ASX 200 retraced some of its earlier losses but shed 0.58 percent to close at 5,904.9 amid fresh uncertainties in the country's political outlook. Most sectors ended the trading day lower, with the heavily weighted financials subindex down 0.75 percent while the energy sector declined 0.82 percent.
The Australian dollar traded at $0.7121 in afternoon trade, recovering from an earlier low of $0.7086.
Australian Prime Minister Scott Morrison will meet with independent lawmakers as early as Monday to try and shore up support for his government, according to Reuters.
The ruling Liberal Party saw a 20 percent swing against it at a crucial by-election in Sydney and is poised to lose its one seat parliamentary majority, the news wire said. That would leave Morrison's government reliant on support of five independent lawmakers to survive.
"It will increase market conviction that as and when the next election does occur (no later than May 2019) it is likely to produce a change of government," Ray Attrill, head of foreign-exchange strategy at the National Australia Bank, wrote in a morning note.
The U.S. dollar index, which tracks the greenback against a basket of its peers, traded at 95.502 in the afternoon, coming off an earlier high of 95.756.
The Japanese yen was at 112.70 against the dollar, weakening from levels below 112.2 last week.
— CNBC's Evelyn Cheng contributed to this report.