U.S. stock index futures tumbled on Monday as investors scurried to perceived safe-haven assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global economic growth.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday called the coronavirus outbreak "scary stuff" but said stocks remain a good long-term investment and that he won't sell stocks despite the threat of a pandemic.
Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the impact on demand for crude.
Berkshire Hathaway chief Warren Buffett called out bank stocks as one of his favorite equity holdings in the U.S. market.
Oil prices fell 4% on Monday, as the rapid spread of the coronavirus in countries outside China added to investor concerns about the impact on demand.
Juul Labs Inc is halting sales in Indonesia, citing concerns that it can't stop retailers from selling its high-nicotine e-cigarettes to young people in a largely unregulated tobacco market.
Insiders note an "eerie" calm at Boeing Co's 737 MAX factory, formerly a bustling hub that has helped fuel the aviation industry's record growth over the last two decades.
Warren Buffett said on Monday that negative headlines, including on the coronavirus outbreak, do not dampen his view that stocks are a good place for many people to invest for the long-term.
Europe's share markets suffered their biggest slump since mid- 2016 on Monday, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds.
Billionaire Warren Buffett told CNBC that investors should not reach for yield beyond their risk-tolerance, even with stocks seemingly like the only place to get a return.
SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through a simple taking of blood, the start-up said on Monday.
United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday.
Oil prices tumbled by more than 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand.
Global share markets and oil fell on Monday, safe-haven gold surged and U.S. Treasury yields reached their lowest since mid- 2016, as coronavirus cases spread outside China, darkening the outlook for world growth.
The dollar juggernaut rolls on. The U.S. currency <=USD> has rocketed to a near three-year high versus the euro, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine's outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It's relative resilience to coronavirus damage m