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 Group of Seven nations' firm pledge to help Japan stem the yen's rise could keep a bid in risk assets Friday, barring new negatives in Japan's nuclear crisis.
The complexity and uncertainty surrounding Japan's nuclear crisis has created a great divide between investors who are now running from risk and those who think they can ride it out.
The yen rallied to a new all-time high against the dollar as traders speculated G-7 central bankers may be getting ready to intervene to drive the currency lower.
Barclays Capital Chief Market Technician Jordan Kotick said the stock market is poised for more selling, even with the roughly 6 percent loss in the S&P 500 from February's high.
Markets will stay sensitive to any developments with Japan's unfolding nuclear crisis or from Middle East trouble spots, and that could once more weigh on risk assets.
The Fed Tuesday is expected to show it remains committed to its easy money policies, which temporarily may take investor focus away from global events.
Natural gas was at a two-week high Monday as Japan's nuclear power shut down put the spotlight on global natural gas supplies, as an alternate fuel for electric power generation.
Markets could be in for macro overload in the week ahead with central bankers, Friday's jobs report and OPEC dominating the headlines.
Take a look at some of Friday's early movers: TGT, AMZN, WMT, M, DIS & more
Even in a Thanksgiving holiday lull, financial markets are gearing up for a week of drama.
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.