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
"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
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Check out the companies making headlines before the bell:
PepsiCo – The beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates. However, PepsiCo also forecast an unexpected drop in full-year profit, due to a stronger dollar and increased investments.
Deere – The heavy equipment maker earned $1.54 per share for its first quarter, below the consensus estimate of $1.76. Deere's revenue did beat Street forecasts, but the bottom line was hurt by higher costs for raw materials and logistics.
Newell Brands – The consumer products maker beat estimates by four cents with adjusted quarterly profit of 71 cents per share, but sales were weaker than expected. Newell's baby product sales were hurt by the bankruptcy of Babies 'R' Us. Newell also gave a weaker than expected forecast.
CBS – CBS reported adjusted quarterly profit of $1.50 per share, two cents below forecasts, while revenue was also short of estimates. CBS points to a drop in sales and licensing fees for its programs from other distributors. It did say it expects subscribership to its CBS All-Access streaming service to more than triple over the next three years.
Nvidia – Nvidia beat Wall Street forecasts by five cents with adjusted quarterly profit of 80 cents per share, while the graphics chipmaker's revenue came in slightly above estimates. It also forecast better than expected sales for 2019.
Blackstone – Blackstone and fellow U.S. private equity firm Hellman & Friedman have offered to buy Germany's Scout24 for $6.4 billion including debt. If accepted, the buyout of the online classified ad provider would be the largest-ever buyout of a German company by private equity.
Applied Materials – Applied Materials reported adjusted quarterly profit of 81 cents per share, beating estimates by two cents. The semiconductor manufacturing equipment maker saw revenue come in above forecasts as well. However, it issued weaker than expected profit and revenue guidance for the current quarter.
XPO Logistics – XPO came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, with the transportation company's revenue also falling short. XPO also warned that its 2019 outlook would be negatively impacted by a drop in business from an unidentified major customer.
Caesars Entertainment – Caesars will be pushed by investor Carl Icahn to consider selling itself, according to the Wall Street Journal. The paper said the move comes after the casino operator received at least two takeover approaches.
Chemours – Chemours reported adjusted quarterly profit of $1.05 per share, beating estimates by six cents. But the chemical maker saw revenue come up shy of Wall Street forecasts. It also issued a weaker than expected 2019 earnings outlook.
TrueCar – TrueCar fell two cents short of estimates with adjusted quarterly profit of three cents per share, with the car-buying service's revenue also falling short of analyst estimates. TrueCar also announced a 20 percent stake in Accu-Trade a provider of vehicle appraisal technology.