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 are vulnerable to the dual tensions of a stronger dollar and rising Treasury yields. Tuesday marks the first of three Treasury auctions this week, with $35 billion in 3-year notes expected. There is also wholesale trade data and the NFIB small business survey.
There are signs the brutal pace of job losses is slowing, and the economy could even add some private sector jobs this year. Investors will learn a lot from the May employment report, due at 8:30 a.m. Friday.
Already on Wednesday, investors were counting down to Friday's jobs report, and not much in between matters. Thursday's main events include weekly jobless claims, data on productivity and costs, and monthly chain store sales, which are expected to be weak and show the U.S. consumer remains reluctant to spend.
The monthly jobs report takes the spotlight next week as investors look for guidance on the timing of a rate hike.
Names on the move ahead of the open.
The primary data point in focus is the second reading on the U.S. fourth-quarter gross domestic product growth.
Check out which companies are making headlines after the bell Thursday: JC Penney, Herbalife, Gap & more.
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.