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.
Wednesday's economic data could help investors decide whether Tuesday's stock rally is the start of a turn around or just a break in the clouds.
Small-cap stocks have taken a bigger hit than their big-cap counterparts over the past month, so it may be time to start looking for some early bargains. But the pullback may still have a ways to go.
After six straight down weeks, stocks could get rocked in the week ahead amid a slew of economic reports. "Sentiment is still falling," one strategist said, though added that it "hasn't dropped into panic territory."
The bulls trotted gingerly back into the stock market and, if they stick around on Friday, the market could avoid a sixth week of losses. Still, one market strategist cautioned: "It is not the beginning of a new bull market rally."
Unemployment claims are the big hurdle for markets Thursday, as investors watch to see if economic headwinds will keep the weekly number elevated.
The Fed's beige book on economic conditions showed growth slowing in some U.S. regions as food and energy prices rose. But it was the rippling effects from the Japanese earthquake that got the most blame.
OPEC's unusually high-profile public rift over whether to add oil to the world market should not drive oil prices higher or affect global crude supplies, energy experts say.
With many investors still in their bunkers, bulls are emerging to duke it out with bears for control of a stock market that still feels a bit bumpy.
Fed Chairman Ben Bernanke weighs in on the economy Tuesday, and he is expected to acknowledge the recent slowdown but may withhold a view on the duration.
Second-quarter GDP Friday may shed light on whether the U.S. economy bounced back from a first-quarter slump.
Check out the companies making headlines after the bell on Thursday.
Wall Street may now be comfortable with the idea of a Hillary Clinton victory, but her policies may be negative for many companies.
Shares of liquor maker Diageo jumped roughly 2.5 percent.
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.