Today's CNBC MarketWrap

Today's top 5 stories on CNBC

1. NYSE Market Wrap: Bob Pisani reports on the Dow's 247-point gain, live from the floor of the NYSE.

2. Subprime Blame Game: Key Democrats in Washington are digging into the reasons behind Countrywide's problems. CNBC's Diana Olick has the details in this Realty Check segment.

3. Should the Fed Cut? Corporate leaders sound the rally cry for aggressive rate cuts, with Mike Jackson, AutoNation chairman/CEO and CNBC's Carl Quintanilla.

4. Bogle on Volatility: Discussing the recent market volatility and where you should be putting your money, with Alan Murray, WSJ executive editor; John Bogle, Vanguard Group founder; and CNBC's Trish Regan.

5. Future of Altria:Insight on Altria's spin-off of its Philip Morris unit, with Charles Norton, Vice Fund co-portfolio manager, and CNBC's Erin Burnett.

Click here to view all of today's Top stories

Funny Business w/Jane Wells: Weight Loss: It's Location, Location, Location? CNBC reporter Jane Wells blogs on the lighter side of a new study that says losing weight can be tied to what kind of house you live in.Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold

1. Mark to Make-Believe: As banks balance their books by the end of August, some expect a clear view of how the credit crunch has impacted banks' assets. But, a look at recent earnings reports shows that sometimes it's not always easy to value the more complex investments. What will we really learn when the data hits the street? Mary Thompson reports.

2. Dell Earnings: How is Dell holding up to competition from arch rival Hewlett-Packard? Jim Goldman digs into the Dell's earnings report when it's released after the closing bell.

3. Inside Home Prices: The Office of Federal Housing Enterprise Oversight releases its quarterly home price index. Most expect the index will show a decline of 1% between the first and second quarter of the year. Since the home price index was created in 1975, it has never fallen over a full year. Diana Olick analyzes the trends in the latest housing numbers.

4. Consumer Hocus Pocus: Buyers for many of the country's largest retailers are gathered in Las Vegas for the MAGIC Marketplace to buy apparel and accessories for the year ahead. Margaret Brennan takes the pulse of the convention to get the retail outlook for the rest of the year.

5. Preppy is Back: ...the trend, that is. With preppy fashion back in style, Vera Gibbons take a look at the reinvigorated trend and which companies are capitalizing now that it's back "in.".

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