Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
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
Apple has become more unloved by Wall Street analysts than at any time in the past 14 years.
Wall Street analysts have the lowest percentage of buy ratings on Apple stock since 2005 — at 49 percent, according to FactSet. Another 51 percent are holds.
As Apple shares plummeted in the fourth quarter, losing more than 30 percent, analysts changed their views on the stock. The percent of buy ratings has fallen by 14 percentage points from 63 percent in August.
Wall Street analysts' ratings on Apple stock
green represents percentage of buy ratings
"It's interesting from a sentiment and contrarian view point," said Todd Sohn, technical strategist at Strategas Research. "The analysts are throwing in the towel on the name. It may take a few months for it to repair and chop around here, but I think it's in the process of forming a bottom."
Sohn said Apple is down 39 percent from its Oct. 3 high. "That's a pretty good shakeout and you can combine that with the stock ratings," he said.
Buy ratings reached a high in 2010 to 2012 when they were mostly more than 90 percent of the ratings. At that point, Apple's stock was in an uptrend.