CNBC.com's News Now: Obama On the Economy

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DOW 8943.81 248.02 +2.85% NASDAQ 1647.4 38.70 +2.41% S&P 930.99 26.11 +2.89%   Friday, Nov. 07, 2008   WHAT YOU SHOULD KNOW     Obama: Help Needed Now For Economy, Auto Makers President-elect Obama, seeking to calm a jittery nation and financial markets, called for swift action on the economy, including a second stimulus package and help for the battered auto industry....read more     What The Pros Say: A 6-Day Recovery Rally for the S&P Asian markets ended the week mixed Friday, while European markets opened higher after two days of selloffs. CNBC's experts say sit tight and wait -- maybe a long time -- for a stock comeback....read more     Stocks Rally but End Week Down 4% Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. Stocks rallied for much of the day, shaving off gains after General Motors delivered a dismal quarterly report and during an afternoon press conference by President-elect Obama....read more     TODAY'S TOP 5 VIDEOS     1. Obama On the Economy President-elect Barack Obama discusses the challenges facing the U.S. economy and answers questions from the press.     2. Finding Ford's Growth with Alan Mulally Insight on Ford's $3B loss and job cuts, with Alan Mulally, Ford CEO     3. GM CEO On Earnings Insight on the struggling automaker's earnings and outlook, with Rick Wagoner, General Motors CEO     4. Employment Data Analysis A reaction to the drop in non-farm payroll and the decline in employment, with Jack Bouroudjian, Capital Market Technologies; Mark Zandi, Moody's Economy.com; Robert Barbera, ITG; Diane Swonk, Mesirow Financial; CNBC's Steve Liesman & Rick Santelli     5. Stop Trading, Listen to Cramer! Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.     Click here to view all of today's top videos on CNBC.com     CNBC.com BLOG OF THE DAY     New Book Says Now's The Time To Hone Networking Skills There's a new book that can help those of you who are out of work or risk losing your job. It involves doing something we know we have to do even though we hate it. See All CNBC.com Blogs   Watch CNBC live on your desktop. Click here to find out how.   NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS

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