Energy prices surged Monday following some stunning developments in the Middle East, but it likely will take quite a bit more before having a broader effect on the economy. West Texas Intermediate crude briefly rose more than 11% to above $60 a barrel following the drone attack on Saudi-held oil …

Traders and financial professionals work on the floor of the New York Stock Exchange at the opening bell on Aug. 15, 2019, in New York City. Drew Angerer | Getty Images Things are looking good for the Dow Jones Industrial Average. It’s on an eight-day winning streak and the U.S. …

After rallying nearly 40% this year, Apple could be on the verge of a major breakout. Piper Jaffray chief market technician Craig Johnson says the foundation for another massive move higher is forming. “Over the last couple years, this has been a pretty big consolidation pattern that has been forming, …

The “Options Action” traders share three options trading strategies to kick off the week. Michael Khouw and Carter Worth broke down a call spread in the 20+ Year Treasury Bond ETF. Dan Nathan illustrated a call calendar in Alphabet. Mike Khouw also looked at a call spread risk reversal in …

The weekend attacks on Saudi oil infrastructure came as a resilient stock market already faced a test of how long it could remain in an uncommon “sweet spot.” This sweet spot started in the bitterness of an August market when investors were given a taste of recession worries crystallized by …

1. Dow set to fall as oil spikes on the Saudi attacks Smoke billows from an Aramco oil facility in Abqaiq after drone attacks sparked fires at two Saudi Aramco oil facilities. AFP | Getty Images U.S. stock futures were under pressure Monday as oil prices were spiking higher after …

Talk about a bitcoin bull case. The digital currency is headed to new record highs, says Tom Lee, co-founder, managing director and head of research at Fundstrat Global Advisors — but there’s a catch some cryptocurrency investors may not be expecting. “Bitcoin has kind of stalled recently because the macro …

David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images The biggest banks on Wall Street are increasingly betting on their potential competition. So far this year, major U.S. banks have …

Employees at Willson Electronics manufacturing facility in St. George, Utah. Source: Wilson Electronics Bruce Lancaster is confident his company can beat any competitor. The problem, he says, is that Wilson Electronics is fighting an uphill battle against several Chinese companies that do not respect intellectual property laws and don’t play …

The growth-value battle is getting interesting. In the last two weeks, value stocks have far outperformed growth names, with the iShares S&P 500 Value ETF rising 5% over that period to a new 52-week high on Friday, leaving its counterpart, the iShares S&P 500 Growth ETF, in the dust. The …