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.
General Electric and Bank of America are the heavy hitters among Friday's earnings reports, but Google's stellar earnings which failed to impress investors could be a drag on markets.
The early news out of the corporate earnings season is that some companies see enough improvement in the economy to begin hiring again. It's a trickle, but it's a start and it's across a variety of industries, including such companies as Intel, JPMorgan Chase and CSX.
Intel's first quarter earnings blew away even the most optimistic forecasts, and it's now J.P. Morgan Chase's turn to deliver.
"It has been a factor for sure," says Michael Holland. "Whenever they report, they always have the possibility of being a market mover for the short term."
Now that the European Union has crafted a plan to rescue Greece, the focus shifts to corporate earnings, with Intel due to report after the bell on Tuesday.
Corporate America should begin to see its first quarter of double-digit revenue growth in nearly two years, as earnings season gets underway in the week ahead.
March chain store sales reports are likely to be a pleasant surprise for markets, and they should also show that the American consumer has become a little more willing to spend.
Comments from the current and former Fed chairmen may spice up an otherwise quiet day for economic news on Wednesday. Debt will also in focus as the Treasury gears up for the sale of 10-year notes.
The 10-year Treasury yield has eclipsed the psychologically important 4 percent level, and so far the stock market is not freaking out.
The rise in interest rates can affect stocks as traders wait for the job reports coming out on Friday.
Check out the companies making headlines after the bell Wednesday: Tesla, Zynga, Whole Foods, Keurig & more.
Rising interest rates spooked stocks far more than a warning from the Fed chair that the equities market is overvalued.
Names on the move ahead of the open.
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.
Senior Producer at CNBC's Breaking News Desk.
Dominic Chu is a markets reporter for CNBC.