CNBC.com's News Now: Stocks Power to Close, S&P 500 Up 4 %

Click here to view today's newsletter on your mobile device. Thursday, Mar. 12, 2009     DOW 7170.06 239.66 +3.46%   NASDAQ 1426.1 54.46 +3.97%   S&P 500 750.74 29.38 +4.07%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Stocks Power to Close, S&P 500 Up 4 Percent Stocks powered into the market close Thursday, completing a strong rally that took the major indexes up more than 3 percent and nearly 8 percent for the week... »read more 'Small Victories': Market Looks for Glimmer of Hope While a modest bump in retail sales and a bit more confidence in the banking system do not a bottom make, this week's events have finally given the bulls something to talk about... »read more Pros Say: Market Bottom at S&P 600 Thursday: Confessed mega-swindler Bernie Madoff pleaded guilty to fraud. Warren Buffett slipped from the "World's Richest Billionaire" slot. Apple flew in the face of grim retail prognostication and said it'd preview new iPhone software next week. It was reported that... »read more TODAY'S TOP 5 VIDEOS 1. Mark-to-Market Maelstrom   The thorny issue of mark-to-market accounting will be in the spotlight on Capitol Hill this morning. Insight on the House's attempts to address "fantasy accounting," with Rep. Paul Kanjorski, House Financial Services Committee; Capital Markets Subcommittee chairman (D-PA). 2. GE Ratings Cut   General Electric receives a single-notch downgrade from a triple A rating to an AA+ by Standard & Poors, reports CNBC's David Faber. 3. Bernie Goes to Jail   Madoff's victims call for trial so that other people allegedly apart of the scheme are held accountable, with with Jay Fahy, Fahy & Choi partner; Steven Feldman, Herrick Feinstein partner; Donny Deutsch, Deusch Inc. and CNBC's Charlie Gasparino. 4. Obama on Business  President Obama addresses the current economic and market problems and the challenges faced by businesses of all sizes. 5. Stop Trading, Listen to Cramer!   Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.       TODAY'S TOP BLOG   Madoff: The Final Verdict Now that Madoff has pleaded guilty to fraud, what should his sentence be? Here's 10 of your earlier suggestions. Vote Now! »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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