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.
Elevated jobless claims or a very weak reading on first quarter GDP Thursday could give the markets pause, as investors continue to pick apart the Fed's commitment to its easing policies.
Regardless of what Bernanke says at his first media briefing, the markets are convinced the Fed chairman will keep the stock market rallying and the dollar in decline.
Regardless of what Ben Bernanke says at his first quarterly media briefing Wednesday, the markets are convinced the Fed chairman will lay out policies that will keep the stock market rallying and the dollar in decline.
Brazilian oil giant Petrobras is confident the type of drilling accident BP faced in the Gulf of Mexico last year would not happen in its offshore operations, a company official said recently.
Positive earnings surprises have helped keep stocks buoyant, a trend that may help counteract the "sell in May" theory.
The Fed in the week ahead is expected to officially signal the long-anticipated shift away from one of its most controversial easy money policies, even as new data is likely to show the economy grew at a more sluggish pace in the first quarter.
Stocks rallied hard on positive earnings news Wednesday and will likely key off of Thursday's quarterly reports, but the pre-open weekly jobless claims will also be a major factor.
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.