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Dollar in focus as stocks rebound to start week

Stocks rebound from last week's drop as the financials and consumer discretionary paced the gains. But is real story the weakening dollar? Plus, a big jobs report is coming out Friday. Is it missing the revolution known as the gig economy? And, even though you might not own any Apple shares, the company's recent fall from grace likely impacted your portfolio in unexpected ways. We'll explain. Catch The Final Round at 4 p.m. ET, with Jen Rogers and markets correspondent Nicole Sinclair.

Winners and losers
Stocks starting the week on a down note include chemical company Chemours on a weak earnings report; watch and accessories maker Fossil after a larger-than-expected profit decline; and Chinese Internet search company Baidu tumbling after authorities said it would be investigated after being accused of promoting false medical information online.

Stocks on the upswing include cloud computing firm Opower after Oracle announced it was buying the company; Pernix Therapeautics, soaring after Steven Cohen's Point 72 revealed a 5.8% stake in the pharma company; and Starz, the premium cable channel shining after a CLSA upgrade, with analysts citing positive revenue trends and long-term visibility into programming costs.

Looking ahead

  • Throughout the day, automakers will report vehicle sales for April. Analysts are looking for the industry to at least match March's 16.6 million annualized rate.

  • The Fed-speak ramps up with Cleveland Fed President Loretta Mester speaking in the morning, followed by Atlanta Fed President Dennis Lockhart in the evening.

  • Finally, earnings season rolls on with big reports from Pfizer, CVS, Sprint, and CBS Corporation.