Markets are bracing for a not-so-good July jobs report, which should show a continued sluggish recovery in private sector payrolls.
On Thursday our traders were attempting to gauge the ripple effect, after Russia said it would temporarily halt grain exports.
The American consumer is a major theme Thursday, as chain stores report their monthly sales.
A report on the health of the service sector, and ADP's private sector jobs report are of big interest to markets that are already counting down to Friday's July employment report.
The monthly sales reports will be issued by car makers throughout the day and are expected to show an annualized selling rate of 11.4 million vehicles, up from 11.1 million last month.
The Congressional Budget Office (CBO) in the US has warned that unless policymakers act, then growing budget deficits will cause debt to rise to unsupportable levels.
Economic reports on jobs, manufacturing and the consumer could be what trips up stocks in the week ahead, deflating some of July's 7 percent gain.
Stocks head into the final day of July with the best monthly gain in a year, yet July's hot performance has only sparked debate about what August will bring.
Weekly jobless claims will again be a big event for Thursday's markets, and economists think the number will not really show any improvement.
High net worth investors increased their positions in stocks for a seventh straight week. Is the summer rally over or just getting started?
Durable goods orders for June due Wednesday could have as much directional sway with stocks as the flood of earnings news coming from companies like Boeing, Conoco Phillips and Comcast.
How can you trust the rally is real? The Fast Money gang reveals 4 signals that could either confirm or deny the gains!
Earnings news Tuesday may again be the catalyst for a stock market that's showing improving technical strength.
By Monday’s close the bulls were claiming victory after the Dow turned positive for the year and the S&P broke above a key technical level. Are the bears going into hibernation?
After the best 3-week period in a year, traders are keeping a close eye on the next key level in the S&P. Is the market about to break out or break down?
Wall Street will be closely watching the results of the European bank stress tests on Friday even as the deluge of earnings continue.
Fresh economic data Thursday could feed the market's phobia about a weaker economy, ahead of another round of testimony from Fed Chairman Ben Bernanke.
Apple proved once more its iProducts make for a powerful earnings machine, but that may not add much juice to tech shares Wednesday.
IBM's disappointing second quarter results will compete with a barrage of corporate earnings reports ahead of Tuesday's opening bell.
Earnings releases from J.P. Morgan and Google book end the trading day Thursday and could provide some more juice to the market's earnings rally.