Patti Domm is CNBC Markets 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 enter the week ahead energized by the jobs report and new highs for the Dow and S&P but that doesn't mean "sell in May" is off the table.
A better-than-expected jobs report sent stocks soaring into record territory, relieving worst fears about the economy but still signaling that job growth has slowed.
The bar was already low, with expectations that the jobs report will show 145,000 jobs added in April, but whisper numbers in the market suggest it may be even lower.
The Treasury said it could begin reducing the size of its auctions in coming months and may issue a floating rate note.
Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
Treasury refunding announcements are usually a real snooze for everybody but primary dealers and direct buyers, but reduced issuance has people talking.
Even though it's more history than not, first quarter GDP is the number traders will be watching Friday for what it might say about the current slowdown that began in March.
Patti Domm is CNBC Markets Editor, 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.
Top strategists have gotten more optimistic on stocks, just as the S&P 500 has pulled back slightly from records, according to CNBC's latest Market Strategist Survey.
CNBC's Dominic Chu discusses Wall Street's S&P 500 targets for 2017.
CNBC's Market Strategist Survey found that Wall Street expects the S&P 500 to rise slightly in 2017.