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DOW 8591.69 172.60 +2.05%   NASDAQ 1492.38 42.58 +2.94% S&P 870.74 21.93 +2.58%     Wednesday, Dec. 03, 2008   WHAT YOU SHOULD KNOW     Investment Advice: Time to Play the Fundamentals As the markets continued to digest negative economic news on Wednesday, CNBC asked the pros for investment advice.read more       Cramer: There's NO Great Depression Coming "Enough with the hysteria," Cramer said during Tuesday's Mad Money, we're not going to suffer another Great Depression.read more       Pros Say: Fed Moves Can Kill Recession President-elect Barack Obama nominated Gov. Bill Richardson (D-NM) for commerce secretary Wednesday, the same day that United Auto Workers President Ron Gettelfinger announced the UAW would make huge concessions to help the Big 3 automakers nail government bailout funds. CNBC heard from experts who said the drop in gasoline prices bodes well for the first quarter — and Ben Bernanke just may stave off a severe recession.read more       TODAY'S TOP 5 VIDEOS     1. PIMCO's Gross On the Markets Why stocks purchased at the right price may be good for the long run, with William Gross, Pimco co-CIO/founder       2. ADP Employment Report A look ahead of the November jobs data, with Joel Prakken, Macroeconomic Advisers chairman; Frederic Mishkin, former Federal Reserve Board governor and CNBC's Steve Liesman       3. Trouble at the Car Lot An outlook on GM and what's put a wrench in the auto industry, with John Bergstrom, Bergstrom Automotive CEO       4. Obama's Choice for Commerce Secretary President-elect Barack Obama names Gov. Bill Richardson, D-NM, as his choice for Commerce Secretary       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     Auto Bailout May Save Big 3 But No Help For Advertisers No matter what happens to American automakers, you can expect to see less of their ads in the future. 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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