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Israel has vowed to "exact a price" from Iran in retaliation for the large-scale aerial assault on the Jewish state this weekend — while some analysts expect Israel to respond, the timing and extent of that retaliation remains in question.
Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday.
Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain on edge, analysts said.
Close to midnight on April 13, hundreds of military drones were launched from both Iran and Iraq toward Israel. Subsequently, several waves of ballistic missiles, cruise missiles and rockets followed, originating from Iran, Iraq, Yemen and Lebanon – all directed at Israel.
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U.S. stock futures rose on Monday, rebounding from last week's sell-off following strong Goldman Sachs earnings and hopes that the conflict in the Middle East won't further escalate.
This is CNBC's live blog covering European markets.
Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a tightening, rather than loosening, is rather quiet now.