Patti Domm is CNBC executive news editor, responsible for news coverage of the markets and economy. Prior to joining CNBC in 1999 as senior news editor, Domm was the equities editor for the Americas at Reuters. She was also Wall Street editor at Reuters, reporting on mergers, acquisitions and the Street. She also edited three CNBC books on personal investing. Domm serves on the board of the Financial Womens Association of New York.
Stocks start Wednesday in what could be a low volume walk up to the three-day Memorial Day weekend. With the absence of much other news, traders this week have been looking over their shoulders at the credit markets, where a rush of new debt issuance is flashing positive signs for the economy.
Wall Street's bears were trampled Monday, but traders say it's just a matter of time before they fight back. Once more, the market's disbelievers were proven wrong. Stocks raced 3% higher, as commodities rose, bonds sold off and the dollar and yen weakened.
Good news from Intel will compete with fresh economic data and a speech by the Treasury secretary for investors' attention ahead of the opening Wednesday. Retail sales and import prices for April, plus business inventories data for March are also due.
In the coming week, investors will have plenty of data to mull over, but none as pivotal as Friday's better-than-expected April jobs report. Retail sales data Wednesday should provide a good look at how the economy is faring, as will weekly jobless claims and inventory data.
Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.
Stocks are flying high but investors could soon decide the signal from the bond market may not be positive, especially for equities.
Apple is the first S&P 500 company to reach a $700 billion market cap, but it has a way to go to become the most valuable company ever.
Russia revved up oil bears ahead could be a momentous OPEC meeting later this week.
Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
CNBC's Senior Personal Finance Correspondent
JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.
Senior Producer at CNBC's Breaking News Desk.