Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
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
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread 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
Check out the companies making headlines in the premarket Thursday:
Delta Air Lines — The airline reported better-than-expected earnings, lifting its stock by more than 2%. Delta reported a profit of $2.35 per share, topping a Refinitiv estimate of $2.28. Delta also posted a record revenue of $12.5 billion for the quarter.
Snap — A Bank of America/Merrill Lynch analyst raised its price target on Snap to $17 per share from $12 a share, citing an uptick in Snapchat app downloads. The analyst said third-party data shows second-quarter downloads were "near record levels." Snap shares rose more than 1% in the premarket.
Target, Walmart, Costco Wholesale, Home Depot — Analysts at Goldman Sachs initiated coverage of the retailers with a "buy" rating, highlighting a "solid macro environment" that drives "strong results." Target, Walmart, Costco, and Home Depot all traded slightly higher.
Comerica — The bank's stock fell 2% after Bank of America/Merrill Lynch downgraded it to "underperform" from "buy" and slashed its price target to $71 per share from $85 a share. "CMA is the most short-rate sensitive stock in our universe, and we believe shares will continue to lag peers as the Fed cuts rates," Bank of America said.
Abercrombie & Fitch — Abercrombie shares rose 1.3% after an analyst at Wedbush upgraded the stock to "neutral" from "underperform," citing an attractive valuation and a potential revenue inflection point.
Weight Watchers — An analyst at J.P. Morgan upgraded Weight Watchers to "neutral" from "underweight" and hiked her price target to $22 per share from $17 a share. The analyst said the company's subscriber trends have "stabilized," adding: "We believe investors are beginning to look past the expected ~50% earnings decline this year and instead focus on the potential growth opportunity in 2020."
Fastenal — Fastenal shares dropped more than 4% after the industrial supplies company posted weaker-than-forecast quarterly results. The company posted earnings per share of 36 cents a share, just below a Refinitiv estimate of 37 cents a share.
Microsoft — Cowen initiated the tech giant with an "outperform" rating and a price target of $150 per share. "We expect MSFT's Commercial Cloud, including both Office 365 Commercial and Azure, to be the primary driver of growth going forward," Cowen said.
—CNBC's Michael Bloom contributed to this report.