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.
Google's strong earnings and rocketing stock price may temporarily distract investors, but tension around U.S. debt ceiling discussions and the results of European bank stress tests Friday could quickly snap markets back to bigger concerns.
Traders will be tuned in to Bernanke's Senate testimony Wednesday to see what he says about the economy and any new stimulus measures. Don't get too excited about a QE3, one economist said — that was just the Fed thinking out loud.
Second-quarter earnings season kicks off next week and the market will be looking for signs from corporate America about the state of the economy. Plus the Fed, debt talks, consumer sentiment and more.
"In addition to the shock value...we need to seriously question whether a double dip is there. I would say it's back on the table," says one strategist.
June may end up being a turning point for the job market, even if job creation still shows up to be relatively light in the government employment report Friday.
The Institute for Supply Management's non-manufacturing survey is the data to watch Wednesday, but the post-holiday stock market doldrums could prevail if the report on the services sector is as expected.
Crude raced higher Tuesday as energy bulls pushed Nymex oil back toward the $100-a-barrel mark, prices last seen before world governments said they would release crude from their reserves last month.
The June jobs report looms as the next hurdle for a stock market that has gone from gloom to boom with its best weekly performance in nearly two years.
June's surprise pickup in manufacturing activity makes it more likely the economy's soft patch is the result of temporary forces, and growth should pick up in the second half, economists say.
Janet Yellen returns to Capitol Hill for a second day of testimony, and the bond market is likely to fight her every word.
Check out the companies making headlines after the bell Wednesday: Twitter, Tesla, Amazon and more.
New Hampshire's presidential primary victors, Trump and Sanders, are the two candidates most likely to spook Wall Street.
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 - 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.