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.
Amid all the gloom and doom about unemployment, there are growing signs that things may actually be getting better.
The negativity that’s driving the euro lower could keep pressure on stocks and commodities prices Thursday.
Fears Europe will drag the world into recession—and with no new signs of relief from the Fed—combined to pressure the euro and trigger a selling wave across risk assets.
The OPEC meeting is one of the bigger events for markets on Wednesday, and traders will also be watching Europe as the euro continues to weaken on disappointment about the response to the sovereign debt crisis.
"Europe is going into recession and the ripple effect on global growth next year is the story," says strategist Peter Boockvar. "To think we can avoid it is delusional."
The euro could be headed for a long slide—and possibly take stocks and commodities with it.
Investors await the final outcome of the European leaders' summit with lowered expectations, after Thursday's stream of disappointments out of Europe rattled markets.
Shares of Teva dropped nearly 6 percent Tuesday after the company announced Siggi Olafsson will step down.
"We want Boeing to make a lot of money, but not that much money," Trump says.
Names on the move ahead of the open.
Market attention may center Tuesday on monetary policy, as traders await major central bank meetings over the next several days.
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.