American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
The stock market will soon experience a "minimum" two to three week pullback after the surge from the year-end sell-off, technical analyst Katie Stockton told CNBC on Thursday.
"After such an impressive relief rally off of the December low, we do have some signs of exhaustion," Stockton said in a "Squawk Box" interview.
The founder of Fairlead Strategies, which specializes in stock chart analysis, added that she still sees a "bearish bias" from the dip.
Stocks in December plunged in their worst Christmas Eve trading ever, with the S&P 500 sinking 2.7 percent and slipping into a bear market, defined as a decline in an index or asset of 20 percent or more from recent highs. The market had been in the soup since early October.
However, since the Dec. 24 close, the S&P 500 has rallied more than 16 percent through Wednesday's close, with more than 9 percent of those gains coming in 2019. The index remains about 7.3 percent below its record closing high of 2,930 on Sept. 20.
Stockton said the pullback would hit stocks broadly, including emerging markets.
Some market veterans, including CNBC's Jim Cramer, blamed the Federal Reserve for the market's end-of-year losses, arguing that Fed Chairman Jerome Powell stoked fears after his comments on Oct. 3 that rates were a "long way" from so-called neutral. Powell then walked back those remarks on Nov. 28, and he's since pledged that future rate moves would be approached patiently, based on the economic data.
Krishna Memani, chief investment officer at OppenheimerFunds, told "Squawk Box" on Thursday that a "short" pullback could keep the "Fed at bay." He added, "If the market just keeps going up, then it brings the Fed back into play. We don't really want that."
The major U.S. stock indexes were down around 1 percent Thursday.