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 sector this year, spiked on 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
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 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
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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
While the UAW has rejected the offer and sent roughly 48,000 of its workers out on strike, the EV truck is widely expected to remain part of an eventual settlement.Autosread more
While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
The new chief of the Federal Aviation Administration says he plans to test out Boeing's software changes to the 737 Max in a simulator.Airlinesread more
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* Futures up: Dow 0.19%, S&P 500 0.13%, Nasdaq 0.35%
Sept 12 (Reuters) - U.S. stock index futures rose on Thursday after President Donald Trump said the United States would delay scheduled tariff hikes on billions worth of Chinese imports, cooling tensions that have battered financial markets over the last year.
The decision, which Trump called "a gesture of good will", came after China moved to exempt some U.S. anti-cancer drugs and other goods from additional tariffs ahead of planned trade negotiations between the world's two largest economies.
The United States will delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15, Trump tweeted.
However, lingering concerns of slowing global growth pushed gold prices higher and lifted shares of miners such as Barrick Gold Corp, AngloGold Ashanti Ltd and Gold Fields Ltd between 1.7% and 4.1%.
Later on Thursday, the European Central Bank (ECB) is expected to offer new stimulus measures to help boost the euro zone's flagging economies.
Analysts said while the U.S. economy is largely insulated from the troubles of Europe, investors might sell out in case the ECB delivered a more hawkish policy decision than expected.
Data on August U.S. consumer prices is expected at 8:30 a.m. ET, ahead of the Federal Reserve's policy decision on interest rate cuts next week.
The Labor department is expected to report a 0.1% increase in the Consumer Price Index for August, following a 0.3% gain in July.
At 7:14 a.m. ET, Dow e-minis were up 51 points, or 0.19%. S&P 500 e-minis were up 4 points, or 0.13% and Nasdaq 100 e-minis were up 27.75 points, or 0.35%.
Among other stocks, Caterpillar Inc and Deere & Co fell after Wells Fargo downgraded both stocks to "market perform".
Baker Hughes was down 1.8% after General Electric Co began divestment of its stake in the oilfield services provider, aiming to raise $2.7 billion.
Activision Blizzard Inc rose 2% after two brokerages raised their price targets on the stock. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)