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
"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
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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
* ECB announces fresh stimulus measures
* Euro STOXX 600 closes at highest July 29
* MSCI's world equity index touches highest since July 31
* Trade headlines whipsaw markets (New throughout, updates prices, market activity and comments to close of U.S. markets)
NEW YORK, Sept 12 (Reuters) - A gauge of global stock markets rose for a seventh straight day in choppy trading on Thursday after hints of progress in the U.S.-China trade dispute, pushing bond yields off lows hit earlier on the heels of new stimulus measures put forth by the European Central Bank.
Wall Street equity indexes were buffeted in early trading, moving to early highs and then quickly paring gains on conflicting reports about whether Trump administration officials had considered offering a limited trade deal to China.
"Markets are still on the trade war seesaw today," said David Carter, chief investment officer at Lenox Wealth Advisors in New York. "We had some good news on trade which is why markets are up, but the seesaw may drop on any signs of failure."
Stocks have drawn support from signs of a thaw in tensions between the world's two largest economies, including China's announcement of some tariff exemptions on Wednesday.
Ahead of in-person talks, the United States welcomed China's pledge to buy agricultural goods, though the threat of tariff hikes remained.
Chinese importers made their largest U.S. soybean purchases since at least June, traders told Reuters.
The Dow Jones Industrial Average rose 46.02 points, or 0.17%, to 27,183.06, the S&P 500 gained 8.71 points, or 0.29%, to 3,009.64 and the Nasdaq Composite added 24.79 points, or 0.3%, to 8,194.47.
Stocks in Europe were also whipsawed by the trade reports after climbing on the ECB policy statement. The broad STOXX 600 index rose as much as 0.75% before closing with a modest advance as banks pared gains.
The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory to support the economy.
The pan-European STOXX 600 index rose 0.20% to close at its highest level since July 29 and MSCI's gauge of stocks across the globe gained 0.39%.
Euro zone bond yields fell and the euro weakened following the ECB announcement but both eventually reversed course as the stimulus measures failed to live up to market expectations and investors reacted to trade headlines.
After falling as low as a negative 0.124%, 30-year German yields were last at a negative 0.017% after moving into positive territory earlier this week.
The dollar index, tracking the unit against six major currencies, fell 0.28%, with the euro up 0.51% to $1.1065.
Trade optimism also pushed yields on U.S. Treasuries higher after early declines in sync with European bonds.
Benchmark 10-year notes last fell 13/32 in price to yield 1.7785%, from 1.733% late on Wednesday. Yields rose further as soft demand at a $16 billion 30-year government auction touched off selling in the U.S. bond market.
Bond market focus now turns to the U.S. Federal Reserve, which is expected to cut rates next Wednesday.
(Additional reporting by Stephen Culp; Editing by Bernadette Baum, Nick Zieminski and David Gregorio)