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.
Friday's market should feel the positive afterglow from Intel's strong earnings report Thursday, though the day could be decided by JPMorgan Chase's fourth quarter results and a batch of important economic data.
U.S. economic reports should dominate early trading Thursday, unless the European debt crisis bubbles up again.
The promise of a decent fourth-quarter earnings season and another week of improving U.S. economic data could provide a tailwind for stocks. But a new round of European sovereign issuance awaits as investors move into the week ahead.
A good many economists agree that American companies are on the verge of ramping up hiring, even as they disagree on how many jobs were created last month.
December chain store sales and weekly jobless claims top the list of what traders will be watching Thursday.
The ADP private-sector jobs report has given economists confidence to raise December employment forecasts, even though the number has been a less than reliable barometer for the monthly jobs report. Several economists raised expectations today, after ADP showed a stunning 297,000 private-sector jobs were added in December.
The hot commodities trade caught a chill Tuesday and could continue to struggle in the short term as some excess is wrung from the markets.
The dollar is closing out December near its lows for the month, but odds are good that it will see a rebound in January.
Just as they do every New Year's Eve, bond traders will be slipping out the door several hours ahead of their counterparts in the stock market.
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.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.