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.
U.S. markets face some important economic data and a slew of corporate earnings reports, but European news will once more likely drive the direction Thursday.
The markets are likely to lean whichever way the European winds blow Wednesday.
Daniel Yergin's best-selling new book, "The Quest: Energy, Security and the Remaking of the Modern World" is an in-depth look at the state of the global energy industry that picks up where his Pulitzer Prize winning, "The Prize: the Epic Quest for Oil, Money and Power" left off.
The more than $25 billion in energy deals this week suggest there could be a lot more merger activity among companies looking to gain a foot hold in the oil and gas shale boom that is transforming the American energy business.
It's a huge week for earnings—Apple, Bank of America and GE report, among others. Plus Bernanke speaks. But the big market driver just may be Europe.
Despite all the handwringing, US consumers are spending—and growth in the third quarter is looking a bit better than economists had expected. Some are even raising their GDP forecasts.
Fresh news about the U.S. consumer and spending are expected Friday, as anxiety again builds about the health of Europe's banks.
Earnings from J.P. Morgan and Google bookend the trading day Thursday, as traders shift their focus back to the health of the global economy.
Markets have been hanging on every development in Europe's sovereign debt crisis, but now traders are looking to U.S. company forecasts to see how much a weakening Europe might affect corporate profits and the U.S. economy.
Data in the coming week should provide important clues as to whether the Fed will hike rates this summer.
Shares of Palo Alto Networks dropped Friday after the cybersecurity firm guided for lower-than-expected earnings.
Shares of Valeant Pharmaceuticals rose more than 9 percent Friday on reports that the company rejected a joint takeover bid earlier this year.
Shares of Big Lots soared after the company posted better-than-expected earnings and comparable sales Friday morning.
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.