Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday morning as U.S. Treasury yields bounced higher after plunging last week which sent markets into a panic.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.Europe Politicsread more
Check out the companies making headlines in midday trading:
DaVita— Shares of healthcare and dialysis company DaVita tanked 5% after a Politico report said the Trump administration will announce this week its initiatives to move more kidney treatments into the home as opposed to clinics. The report said the administration want to overhaul a market the federal government spends $100 billion a year funding.
Advanced Micro Devices— Shares of chipmaker AMD rose 3% after Nomura raised its price target on the stock to $37 from $33 based on optimism around AMD's new Ryzen desktop processing units. Analyst David Wong said the new units will help AMD sustain its desktop processor market share momentum and could drive unit market share to 20% by December 2019.
Acacia Communications— Shares of Acacia Communications soared 35% after Cisco announced its plans to acquire Acacia for $70 per share in cash in a $2.6 billion deal on a fully diluted basis. The deal is expected to close during the second half of Cisco's fiscal year 2020.
3M— Shares of manufacturing company 3M fell 2% after RBC Capital Markets downgraded the stock to sector perform from outperform. "After an unsettling string of guidance cuts, 3M's reputation as a defensive, high-quality industrial is eroding," the analyst wrote.
Merck & Co.— Shares of Merck rose 0.98% after the company said the Food and Drug Administration accepted its license applications to update dosing for its drug KEYTRUDA, which helps the body's immune system detect and fight tumor cells.
Square— Shares of mobile payment platform Square rose 6% after Raymond James upgraded the stock to market perform from underperform, saying the company's risk/reward is now more "balanced." Shares of Square are up nearly 40% since the start of the year.
Six Flags— Six Flags rose 1% after Wells Fargo upgraded the theme park operator to outperform from market perform. Wells Fargo cited improving weather and less impact from china trade war.
Marriott International— Marriott International ticked down 1% after J.P. Morgan downgraded the hotel operator to neutral from overweight, citing "recent share performance, peak valuation" and "decelerating industry trends."
— CNBC's Marc Rod and Mallika Mitra contributed to this report.