Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
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Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
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China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
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Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday morning following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
A monster rally for the stock market is coming, Wells Fargo's head of equity strategy, Chris Harvey, told CNBC on Thursday.
He says the recent sell-off has unlocked value and created a "great opportunity."
"People act as if this was a spectator sport, not a contact sport. We want people to pick up that value," Harvey said on "Fast Money. "
In fact, he sees a double-digit gain for the by the end of 2019. His current price target for the index is 3,079 by the end of next year, a 12 percent upside from Thursday's close.
"Here we are having the opportunity to have double-digit returns. You have to act on it. You have to buy that value. You have to take on some risk," he said.
However, he said it should be viewed as a trade. Therefore, when the market goes back up, risk should be taken off again, Harvey cautioned.
However, it was a rough month for stocks in October, thanks to worries about rising interest rates and trade tensions between the U.S. and China. There was also concern that earnings growth may be slowing down.
The Dow ended the month down 5.1 percent, its biggest one-month fall since January 2016. The S&P 500 lost $1.91 trillion in October, according to S&P Dow Jones Indices analyst Howard Silverblatt. It was the worst month for the S&P 500 since September 2011.
Harvey suggested being diverse but aggressive. He likes technology, financial and consumer stocks.
— CNBC's Fred Imbert contributed to this report.