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
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread 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
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
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
U.S. stock futures are under pressure Monday as oil prices spike 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
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
Carmine Di Sibio, who runs consulting powerhouse EY, said Thursday that he does not believe a recession is an imminent threat in the United States.
The EY chief joins a number of top executives who recently told CNBC that they don't see a recession looming.
"We had a lot of conversations with our clients' CFOs. Really, the United States economy is doing very well," contended Di Sibio, who took over as EY global chairman and CEO last month. He joined EY in 1985.
In a "Squawk Box" interview, Di Sibio said he would typically see a pause in innovation about six months before a recession. "Sometimes when a recession is coming, you start hearing that projects are put on hold. We're not hearing that. There's a lot of transformation going on."
EY has more 200,000 clients in 150 countries, including about 80% of the companies in the Fortune Global 500.
Despite a strong U.S. consumer, a global economic slowdown, the ongoing U.S.-China trade conflict and key recession signals in the bond market have been causing volatility on Wall Street.
Falling Treasury yields paused Thursday, with most of the yield curve moving higher. However, the yield inversion that generally comes before recessions persisted, as the 10-year Treasury yield remained lower than that of the 2-year.
"Obviously, geopolitical events are slowing some things down," acknowledged Di Sibio. "But there is a lot of confidence and there is a lot of capital."
"I don't see this major recession coming," he added. "The environment is slightly worse than it was last year. But I would emphasize the word 'slightly,' and last year was a very strong economic year."
"We have not seen signs in the U.S. of anything related to a slowdown, but we do know these things go in cycles," Johnson said on "Mad Money." "But right now, we're firing on all cylinders and [the] consumer seems to be doing well."