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These are risks for markets in week ahead

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Expect another wild ride for markets in the week ahead.

Wall Street gets back to business Tuesday after the Martin Luther King holiday Monday. But even before U.S. stocks open, traders will already be reacting to a batch of key Chinese data to be released Monday night, as well as fluctuations across global markets, including oil and currencies.

Stocks melted down Friday but recovered their worst losses to close 2.2 percent lower, about the same as the loss for the entire week. The S&P 500 closed Friday at 1,880 and is now down 8 percent since the beginning of the new year. At the same time, buyers have been moving into the safety of the Treasury market, pushing yields to lows last seen in the fall. Oil prices, at the heart of the cross market sell-off, lost more than 10 percent for the week and broke through the $30 per barrel level.