These are the stocks posting the largest moves before the bell.Market Insiderread more
U.S. stock futures pointed to a higher open on Monday as Treasury yields rebounded to quell fears of a possible recession.US Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
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
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Dow to jump; Trump defends economy; Huawei hopes for US reprieve; Trump and Apple's Tim Cook meet; president ties Hong Kong protests to China trade disputeMarketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Singapore slashed its full-year economic growth forecast on Tuesday, as global conditions were seen worsening and final second-quarter data showed the economy shrank 3.3% on the quarter.
The government cut its forecast range for the city-state's gross domestic product to zero to 1% from its previous estimate for 1.5% to 2.5%.
The second quarter's 3.3% contraction was slightly smaller than the 3.4% decline seen in the government's advance estimate on a seasonally adjusted and annualized quarter-on-quarter basis, but firmed bets a recession may be around the corner.
Economists in a Reuters poll had expected the final reading to show a 2.9% fall.
"Looking ahead, GDP growth in many of Singapore's key final demand markets in the second half of 2019 is expected to slow from, or remain similar to, that recorded in the first half," the Ministry of Trade and Industry said in a statement on Tuesday.
A central bank official said after the data that it was not considering an off-cycle policy meeting. It is next scheduled to meet in October, where it is widely expected to ease policy.
The city-state's annual gross domestic product expanded 0.1% in April-June from a year earlier, in line with the advance estimate of 0.1% but below poll expectations of 0.2%.
Singapore, often seen as a bellwether for global growth, has been hit hard by the Sino-U.S. trade war which has disrupted world supply chains in a blow to business investment and corporate profits.
"Obviously, it feels like the storm is coming if you look at the whole macro economic fundamentals softening," said Selena Ling, head of treasury and strategy at OCBC Bank, who also cited a recent round of monetary policy easing by Asian central banks.
New Zealand, India and Thailand all cut interest rates last week, signaling major concerns about the outlook for economic growth. Last month, the U.S. Federal Reserve cut interest rates for the first time since 2008.