Patti Domm is CNBC Markets 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.
Friday's market will be fixated on tech stocks and oil prices but could get a jolt of volatility from an options and futures expiration.
Markets could give extra weight to Thursday's economic data, after the Fed said it would proceed with rate hikes despite weak inflation.
The markets are wrestling with the Fed over whether the economy reflects a glass half empty or half full.
The slide in crude prices is pressuring Saudi Arabia and other producers, and they may now try to cut highly visible U.S. oil inventories.
The Fed is expected to raise rates Wednesday afternoon, and a majority of respondents in CNBC's latest Fed survey see a hike in September.
The Fed is raising rates even though part of its dual mandate argues against doing so.
The Fed is on track to raise rates today, but surprisingly weak inflation for a third month puts another rate hike this year in doubt.
The Fed is expected to raise interest rates Wednesday, but what it says about inflation may be an important indicator of future hikes.
Nuveen Asset Management's Bob Doll said the tech sell-off was long overdue and may not be over, but it could be what the stock market needs.
As the Fed starts its two-day meeting Tuesday, markets are primed for information on how the Fed will shrink its balance sheet.
Patti Domm is CNBC Markets Editor, 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.
Top strategists have gotten more optimistic on stocks, just as the S&P 500 has pulled back slightly from records, according to CNBC's latest Market Strategist Survey.
CNBC's Dominic Chu discusses Wall Street's S&P 500 targets for 2017.
CNBC's Market Strategist Survey found that Wall Street expects the S&P 500 to rise slightly in 2017.