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
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
Despite recent recession fears and yield curve inversions, the bull market should live on until early 2021, analyst Tom McClellan said Thursday on CNBC's "Closing Bell."
"Everyone needs to just keep their pants on for now and realize that the yield curve gives a really long early warning about trouble," said McClellan, editor of the McClellan Markets Report.
"[It] doesn't say that trouble is upon us now. It takes several months to over a year before we get the final price high after a yield curve inversion."
A yield curve inversion happens when shorter-term bonds deliver higher yields than longer-term bonds. This inversion has preceded every U.S. recession in the past half century.
While both the 10-year yield and the 2-year yield have mostly recovered since Wednesday, it still remained inverted at 1.49% and 1.53% respectively Thursday.
However, despite recession warnings, many analysts including McClellan are saying that the inverted yield curve is not the most reliable recessionary gauge.
Art Cashin told CNBC earlier Thursday, "The inverted yield curve is slightly suspect because this time it's for a separate reason." He explained that past inversions came when the Fed was tightening policy, whereas this time it's coming during a loosening period.
McClellan said, "If you get an instance like 1995, there was a very momentary yield curve inversion and then it backed off and the bull market kept on going. So that is possible."
"The point is, don't panic now if you're a stock market investor about yield curve," he added.