These are the stocks posting the largest moves before the bell.Market Insiderread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.Marketsread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
U.S. stock futures are under pressure Monday as oil prices spike higher after Saturday's coordinated strikes on key Saudi oil interests.Marketsread more
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.Trading Nationread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread more
Libra representatives are in Switzerland to meet with officials from 26 global central banks, according to a report.Technologyread more
* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds details)
LONDON, May 31 (Reuters) - The pound was on track for its biggest monthly loss against the euro in two years on Friday, also losing ground against the dollar as currency markets were swept by rising risk aversion.
U.S. President Donald Trump's shock threat to slap new tariffs on Mexico sent investors to the perceived safe haven of government bonds and the Japanese yen, with ongoing political uncertainty also undermining demand for the British currency.
Taking aim at what he said was a surge of illegal immigrants across the southern border, Trump vowed on Thursday to impose a tariff on all goods coming from Mexico, starting at 5% and ratcheting higher until the flow of people ceases.
In Britain, politics are mired in Brexit and nearly a dozen candidates are now vying for the prime minister's job, with the bookmakers' favourite Boris Johnson, who says the UK should leave the European Union on Oct. 31, even without an agreement on the terms of its departure.
The Conservatives lost badly in last week's EU elections, and a recent opinion poll showed the party would suffer its worst general election defeat ever if a vote were held now . Analysts say that prospect is pushing candidates to take a harder line on Brexit, weakening the pound.
"We remain worried on sterling and look for the pound to fall to 0.90 versus the euro, as the prospect of a new eurosceptic prime minister won't bode well for the markets and represents a clear negative," said Petr Krpata, a currency strategist at ING based in London.
On Friday, the pound was trading less than 1.5% from that level at 88.68 pence. It was on track for a monthly drop of more than 3% against the euro, its biggest loss since May 2017.
Against the dollar, the pound weakened a third of a percent at $1.2573. (Reporting by Saikat Chatterjee; Editing by Larry King and Alexander Smith)