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.
The stock market, in a week-long swoon, could be in for several more weeks of selling pressure before moving higher again, says Carter Worth, Oppenheimer Asset Management’s chief market technician.
Stocks come off their worst week of the new year with investors wondering if the bull market will keep running — or lay down and take a nap.
March’s disappointing jobs report shows the reversal of warm weather hiring, but also some troubling trends that are already sparking talk of more Federal Reserve easing.
The jobs report will be released Friday, even though the market is closed for Good Friday. The market is expecting to see another 200,000+ month—another sign that the job market is improving.
Shares of PepsiCo rose nearly 2 percent Thursday, after the beverage maker reported better-than-expected third quarter profits.
Accenture shares jumped Thursday after it reported earnings above estimates, helped by new bookings and expansion in profit margins.
These are the stocks posting the largest moves before the bell.
Markets could see some month-end window dressing as the third quarter ticks away Thursday.
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.