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.
The national average for gasoline hit a four-week high at the pump Tuesday, and it's likely those lows of June will stay in the rearview mirror until later in the year.
While traders hope for talk of more easing, Fed Chairman Ben Bernanke will likely tell members of Congress in the coming week that lawmakers are the ones who need to act.
Financial bellwether J.P. Morgan is in the spotlight Friday as it reveals details of its controversial trading loss along with quarterly earnings. One analyst is looking to the upside in anticipation of Friday the 13th.
The U.S. government declared more than 1,000 counties in 26 states drought disasters, as the economic impact of the worst crop conditions in 24 years begins to be felt.
As investors become increasingly uneasy about the second-quarter earnings period, expectations for more action from the Fed are on the rise. But with record low rates and the weak global economy, analysts are anticipating a disappointing season all around.
After a multi-week rally, grain prices slumped Tuesday, as traders caught a whiff of summer rain in the forecast, ahead of a major government crop report Wednesday.
Prices at the pump this Memorial Day weekend are among the lowest in years.
Next week could be a big one for markets, which will be hit by a wave of economic reports, including jobs and inflation.
Names on the move ahead of the open.
With Nasdaq at a record high, Amazon could give it even more of a boost Friday if it breaks the $1,000 milestone for the first time.
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.
Top strategists have gotten more optimistic on stocks, just as the S&P 500 has pulled back slightly from records, according to CNBC's latest Market Strategist Survey.
CNBC's Dominic Chu discusses Wall Street's S&P 500 targets for 2017.
CNBC's Market Strategist Survey found that Wall Street expects the S&P 500 to rise slightly in 2017.