CNBC.com's News Now: Obama Goes with Gregg

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DOW 8078.36 141.53 +1.78% NASDAQ 1516.3 21.87 +1.46% S&P 838.51 13.07 +1.58%   Tuesday, Feb. 03, 2009   WHAT YOU SHOULD KNOW   Obama Officials Struggling Over 'Bad Bank' Plan The Obama administration is struggling with the 'bad bank' concept that's expected to be part of a package to be unveiled next week, according to a source familiar with the situation...read more Stocks Snap Losing Streak as Merck Soars Stocks ended higher Tuesday, snapping a three-day losing streak, as an earnings beat from Merck and better-than-expected housing report gave the market a boost...read more Strategist Upgrades Stock Market Financials. It's a word stock-market investors have not been using a lot lately, but Rob Morgan of Clermont Wealth Strategies is nibbling around the edges...read more   TODAY'S TOP 5 VIDEOS     1. Palmisano's IBM-pire Insight on how the company plans to innovate in a rough economy, with Sam Palmisano, IBM chairman & CEO, and CNBC's Maria Bartiromo.     2. Obama Goes with Gregg President Barack Obama nominates Sen. Judd Gregg (R-NH) as Commerce Secretary     3. Nenner Cycle Signals Entry Point A few entry points as the market might rally for a limited time, with Charles Nenner, Charles Nenner Research Center president     4.Gold Demand Down, Prices Up? "Gold prices will stay high, and might even move up further," despite weak demand for the physical metal, Eugen Weinberg from Commerzbank told CNBC. He explains why gold has been trading the way it has and gives his outlook for the commodity.     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     Is Anyone Out There Still Buying Cars & Trucks? All right, before you fire off an e-mail to me and tell me to "get a clue" because tens of thousands of people did buy a new car or truck last month, take a deep breath. Exhale. Then look at how weak auto sales were last month. 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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