President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Volatility on Wall Street has led shares across the globe on a wild ride in recent months, resulting in a number of stock markets dipping into bear territory. That's set to worsen in the new year, experts told CNBC on Monday.
Bear markets — typically defined as 20 percent or more off a recent peak — are threatening investors worldwide. In the U.S., the Nasdaq Composite closed in a bear market on Friday and the entered one on Monday. Globally, Germany's DAX, China's Shanghai Composite and Japan's Nikkei have also entered bear market levels.
Major market risks remain, experts said. The Federal Reserve is likely to continue raising interest rates and worries about a global economic slowdown — made worse by a trade war between the U.S. and China — are mounting.
"I would love to be more optimistic but i just don't see too many positives out there. I think the worst is yet to come next year, we're still in the first half of a global equity bear market with more to come next year," Mark Jolley, global strategist at CCB International Securities, told CNBC's "Squawk Box."
For Jolley, the big risk lies in the credit markets. With the Fed projecting another two interest rate hikes in 2019, companies will find it increasingly difficult to service their debt causing some to default or get downgraded, he said.
Such weakness in the credit markets will spill over to stocks, noted Jolley.
"My core scenario will be a credit event, which will further weigh on equity markets, which will definitely weigh on high growth sectors like tech," he said.
More generally, investors have fewer reasons to be optimistic now because the Fed tightening monetary policy means there will be less money for investments, said Vishnu Varathan, head of economics and strategy at Mizuho Bank.
"There is really no conviction for markets to buy back because they're not sure this is the bottom, and so they are thinking this is the proverbial falling knives," Varathan told CNBC's "Squawk Box."
Further tariff escalations between the world's two largest economies are on hold until early-March next year, but what will happen after that is anyone's guess, noted Vasu Menon, OCBC Bank's vice president of wealth management.
Trade tensions between the U.S. and China have often been cited as a major risk to global economic growth. The International Monetary Fund, for example, downgraded its growth forecasts because it saw trade tensions between the U.S. and its major partners starting to dampen economic activity.
Uncertainties on the trade front will weigh on markets in the coming months until more clarity on where the fight is headed emerges toward the end of the 90-day tariff ceasefire, Menon told CNBC's "Squawk Box."
"Valuations are looking attractive, but you've got to have a strong risk appetite because I think markets are going to be very choppy," he said.