Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
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
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.