The S&P energy index dropped 1.6 percent as oil prices fell more than 2 percent after USA companies added rigs for the first time this year, a signal that crude output may rise further.
The Deerfield, Illinois-based company also issued a 2019 profit forecast range which, at the low end, was below the average of analysts' expectations, adding to worries over mounting trade tensions that pummelled the heavy-equipment maker's shares past year.
Wynn Resorts Ltd, scheduled to report Wednesday, gets more than 70 percent of its revenue from China.
Although earnings have largely surpassed Wall Street's expectations, helping the S&P 500 climb about 12 per cent from its December lows, worries about slowing global growth have tempered expectations.
It's a meager start to what will be a very active week of corporate earnings, including other industrial companies that have put a lot of stake in China, where the economic growth rate has slowed to levels not seen in nearly two decades.
The South Korean company has been losing share for its smartphones for years in China, but the slowdown there is now threatening to hurt its crucial chips business.
Zac Efron's new Ted Bundy movie is anything but average Yet when he was charged, many failed to believe that such a handsome and charming man could in fact be a murderous psychopath. Belva Kent, the mother of Debra Jean Kent, who was just 17 when Bundy murdered her, told PEOPLE that it's "disgusting".
Five arrested after Brazilian dam collapses, killing 84 USA investors said they will file a class action against Vale and its executives for failing to disclose environmental risks. A Brazilian family is digging through the mud with garden tools and their hands in search of a missing loved one.
Santa Clara, California-based Intel Corp, whose processors are the main component in most of the world's personal computers and servers, cited softness in China among the reasons for its lower-than-expected full-year forecast last week.
While it's the ASX which is notoriously overweight to a handful of big banks, financials and resource companies, it's Wall Street that has been dragged lower by just a few key bellwethers on its first day of trade this week.
Wall Street had already been fixated on the effects of China's slowdown, particularly with trade tensions high between the United States and China, and the announcements sent the technology and industrial sectors to sharp losses.
TRADE TALKS LOOM: Talks aimed at resolving the impasse over Chinese technology ambitions and other issues are due to resume in Washington later in the week, led by the U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
The company said adjusted profit in the fourth quarter rose to $2.31 a share, topping the $2.28 average of analysts' estimates compiled by Bloomberg. Economic growth in Europe slowed in the last half of 2018 and indicators at the start of this year have been weak. The stock fell 15.2 per cent to $135.86.
ENERGY: U.S. crude oil shed $1.03 to $52.66 per barrel in electronic trading on the New York Mercantile Exchange. Heating oil lost 2.9 percent, to $1.84 a gallon, and natural gas dropped 8.4 percent, to $2.91 per 1,000 cubic feet. Profit for the year was $10.26 per share, compared $1.26 in 2017. The Japanese yen gained 0.1 per cent to 109.41 per dollar.
Bond prices rose. The yield on the 10-year Treasury note dipped to 2.74 percent from 2.75 percent late Friday. The euro strengthened to $1.1408 from $1.1409.
Tyson Foods Inc. recalled more than 18 tons of its chicken nuggets after some consumers discovered rubber in the product. The phone number and email contact information for the company is available on the official recall page.
Priyanka has, reportedly, now moved into her Los Angeles home with husband Nick Jonas . "I think he is very cute". Meanwhile, her brother-in-law, Joe Jonas made the night musical by singing songs including, "cake by the ocean".
The value of the aluminium producer declined by more than half from $9.2 billion more than eight months ago. Congress to maintain the restrictions. "All sanctions on Deripaska continue in force", the statement added.
As Jim Courier said in commentary as Djokovic breezed through the third set: "The wind is at back, literally and figuratively". The world number one started his seventh Australian Open final just as he had left off against Lucas Pouille in the semifinals.
The Met Office issued yellow weather warnings covering the majority of the United Kingdom for snow and ice on Wednesday. And he predicted a strong chance the weather front will combine with freezing fog to create some snow showers.
PSG pressed again early in the second half, as left-back Juan Bernat fired over following good work by Cavani and Di Maria. PSG is obviously better with him, but it has enough firepower to beat United without him.
His only other appearance came in the Red Devils' 2-0 win against Reading in the FA Cup third round earlier in January. This is United, so we have to learn from our mistakes and go back for the next one and try to win the next one".
Either way, check out footage from Gaga and Cooper's performance below, courtesy of Garret Gagnon and Gaga Daily . Cooper and Gaga's duet " Shallow " is nominated in Best Original Song category at the Oscars .
Keith Thurman is set to make his return to boxing on Saturday night on one of the biggest stages available in Brooklyn, New York . Pacquiao made his PBC debut last Saturday night in Las Vegas and retained his belt by outclassing former titlist Adrien Broner.
Don't Count on a Meghan Markle Cameo in Suits' Final Season
Kensington Palace are reportedly spending hours monitoring negative comments made against Duchess Catherine and Duchess Meghan. Meghan played Rachel for seven seasons until she left a year ago in the run up to her wedding to Prince Harry .
Chelsea to play Manchester United in FA Cup fifth round
The Hinderwell hot-shot was also delighted to help Arsenal get back to winning ways in the WSL as they beat Reading 3-0 on Sunday. However, Pep Guardiola's City travelled to the Riverside in 2017 with David Silva and Sergio Aguero securing a 2-0 win.
How China's trade mission flew into storm over Huawei
Trump has threatened to raise tariffs on $200 billion to 25 percent from 10 percent on March 2 if an agreement can not be reached. But here, too, there are "no guarantees" that Beijing would follow through on these pledges, one of the people said.
USPS says Kansas mail delivery will happen Wednesday
Mail carriers will still attempt delivery for every customer unless they are in a place where delivery has been suspended. Temperatures will drop below zero overnight Tuesday in the Kansas City metro and stay there into the morning Wednesday.
South Africa vs Pakistan 5th ODI
Sarfraz has recently claimed that the besides criticising him, Akhtar is launching personal attacks at him. Sarfraz had returned home from South Africa to a rousing and emotional welcome from his supporters.
Kendall Jenner to Be Subpoenaed Over Fyre Festival Payments
The ruling came as part of a bankruptcy case involving the ill-fated music festival that took place in the Bahamas in April 2017. Kendall Jenner Inc., which reps Jenner, obviously, was also subpoenaed thanks to a quarter-of-a-million-dollar payment.