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.
“We’re not going back to the 200,000-plus numbers anytime soon," one economist said. Faster job growth needs people and companies to open their wallets," he said.
With the Greek elections, key data on U.S. employment and China's economy and an important Fed meeting, June could be a turning point for worried markets.
The 10-year Treasury yield fell below 1.55 percent after disappointing jobless claims and a weaker first quarter GDP reading spurred a new flight-to-safety buying.
Jobs-related data Thursday will serve as a warm-up for the market's big event — Friday's jobs report. Plus, Europe is increasingly worrying the market.
Fears that Greece could leave the euro zone, triggering an exodus by other nations, pummeled markets, sinking stocks and sending the euro to a 22-month low.
Share prices for two office furniture companies rose after Raymond James analysts upgraded the stocks following their earnings reports.
The firm says it is staying sidelined until "Snap validates its ability to fend of copy cat competition."
Investor sentiment jumped to a 16-year high, according to the Wells Fargo/Gallup Investor and Retirement Optimism Index.
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.