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.
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.
With no fresh U.S. economic data to rattle markets Friday, traders are bracing for another ill wind from Europe.
Like a cyclone, speculation that Europe's banks are beginning to suffer from exposure to the sovereign debt crisis ripped across global markets, taking bank shares and other stocks lower.
Weekly jobless claims and consumer inflation data will catch the attention of markets Thursday, as investors continue to assess the damage done in last week's market storm.
Now that Europe's one-day summit is out of the way, the market focus may shift back to the U.S. economy and what is bothering stocks.
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.