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.
"We were deeply oversold and we got the bounce. Now I think we have resistance overhead in the 12,600, 12,700 area on the Dow," says one technical analyst.
Rising volatility in stocks and commodities could continue to be a dominant theme in the week ahead, as investors watch the latest U.S. economic reports for signs the recovery is moving forward.
Higher commodities prices are likely to show up in a hotter consumer inflation report Friday, even as commodities lose steam.
Edgy markets may see another volatile session Thursday, as the commodities shakeout plays out.
For better or worse, the U.S. economy is back on the top of the stock market's watch list, with the European sovereign debt crisis a close second.
April's chain stores sales should be a bright spot Thursday, against a backdrop of recent economic reports that show a weakening trend.
Analysts say they would not be surprised to see stocks take aim at January's lows in the week ahead.
For months we have watched energy, materials, and global industrials weaken on concerns about oil oversupply and slower global growth.
Hiring slowed substantially in January, but the fact that more people were working for higher pay signals strength.
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.