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.
Markets can't help but remain caught in the latest cross currents of news from Europe, but the question is whether it's going to feel like high or low tide.
Bulls and bears are fighting it out over the 1140 level on the S&P 500 and, if bears win, stocks could go tumbling to 1100 or even much lower.
Markets Friday will debate the merits of President Obama's $447 billion jobs package and monitor G-7 finance ministers, who meet in France against a backdrop of weaker global growth and fears of financial contagion from Europe.
Some analysts believe the euro could be heading to a new lower range, as Europe grapples with its peripheral debt crisis.
Fed Chairman Ben Bernanke speaks on the economy and policy, at a time when both are shaky in the eyes of the markets.
The economy is increasingly at risk of falling into recession, and could be more so if the stock market doesn't find its sea legs sometime soon.
Markets are caught up in the push pull of worry about Europe's debt crisis and sluggish U.S. growth.
Investors will be watching the Fed as it meets at its annual Jackson Hole gathering this week for signs of new stimulus plans as the economic outlook gets worse.
One analyst says the gains in gold and moves in diamond prices may turn into a headwind for jewelry makers such as Tiffany.
Seagate Technology fell more than 6 percent after analysts at JPMorgan released a bearish outlook on the firm.
Apple's stock closed 0.1 percent lower Monday, hitting a benchmark it hasn't in nearly two decades.
Sarepta Therapeutics shares soared Monday after the stock was upgraded to "outperform" at Oppenheimer.
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.