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.
Merger talks between NYSE Euronext and Deutsche Boerse follow a series of trans-Atlantic exchange hookups and beg the question of when one of the new exchange super powers will reach across the Pacific to become truly global with a big Asian partner.
Fed Chairman Ben Bernanke appears before the House Budget Committee Wednesday, in what promises to be one of the two most widely watched events of the trading day.
Rising interest rates and commodities prices could easily turn from tail winds to head winds for stocks.
"Equities markets, as far as geopolitical events are concerned, tend to price them in and tend to move on," says one equities strategist. "I do not think the risk is over and done with, but the risk looks smaller today than it did."
Like a warning curl of smoke, inflation talk is working its way through financial markets.
Take a look at some of Thursday's early movers: SLB, LULU, EBAY, MDT, JOY & more
Wednesday's rally will need to continue before many analysts find more confidence the market is firmly on its way upward.
Check out the companies making headlines after the bell Wednesday: Planet Fitness, Five Below & more.
Beige Book report was filled with commentary that is mostly positive on the US economy.
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 - Breaking News
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.