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.
Rising volatility in stocks and commodities could continue to be a dominant theme in the week ahead, as investors watch the latest U.S. economic reports for signs the recovery is moving forward.
Higher commodities prices are likely to show up in a hotter consumer inflation report Friday, even as commodities lose steam.
Edgy markets may see another volatile session Thursday, as the commodities shakeout plays out.
For better or worse, the U.S. economy is back on the top of the stock market's watch list, with the European sovereign debt crisis a close second.
April's chain stores sales should be a bright spot Thursday, against a backdrop of recent economic reports that show a weakening trend.
Weak U.S. data and the promise of higher European interest rates drove the dollar lower against the euro, which edges closer to the psychological 1.50 level.
The risk trade is looking a little frayed around the edges. Traders are looking to this week's jobs data for answers, as worries about global growth reemerge. Economists expect the April jobs number Friday to be slightly weaker than last month at a consensus 198,000 new jobs. In March, 216,000 jobs were created.
Computers taken from Osama Bin Laden's Pakistan compound could reveal a motherlode of information on Al Qaeda donors and has probably already dealt a serious blow to Al Qaeda fund raising, according to a Middle East law expert.
The Fed could sound slightly more upbeat — and that could be enough to reinforce Wall Street's growing view.
Check out these companies making headlines after the bell on Tuesday.
Stocks hold onto gains going into the end of trading.
Shares of Mobileye fell more than 10 percent Tuesday after the company announced it would not renew a contract with Tesla.
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.