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.
A good many economists agree that American companies are on the verge of ramping up hiring, even as they disagree on how many jobs were created last month.
December chain store sales and weekly jobless claims top the list of what traders will be watching Thursday.
The ADP private-sector jobs report has given economists confidence to raise December employment forecasts, even though the number has been a less than reliable barometer for the monthly jobs report. Several economists raised expectations today, after ADP showed a stunning 297,000 private-sector jobs were added in December.
The hot commodities trade caught a chill Tuesday and could continue to struggle in the short term as some excess is wrung from the markets.
The dollar is closing out December near its lows for the month, but odds are good that it will see a rebound in January.
Just as they do every New Year's Eve, bond traders will be slipping out the door several hours ahead of their counterparts in the stock market.
When it's hot, it's hot, but now it's not. So what does the 16 percent drop in Shanghai stocks this year mean for the U.S. stock market?
There is no U.S. economic data to sway markets Friday, but there will be plenty to look forward to next week, when the December employment report caps a heavy week of important numbers.
While some traders fear rising bond yields could crimp stocks' gains, some bond strategists do not expect interest rates to rise beyond the range of the past year.
After a rip-roaring week, Wall Street should be in better spirits when it gets back to work Tuesday.
Stocks rally to end week as oil logs big gains
Insiders are buying as bank stocks sink 20 percent on average and most big banks trade at a discount to tangible book value.
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.