CNBC.com's News Now: Stocks Retreat as Fed Rattles Market

Click here to view today's top stories on your mobile device. Wednesday, May. 20, 2009     DOW 8422.04 -52.81 -0.62%   NASDAQ 1727.84 -6.70 -0.39%   S&P 903.47 -4.66 -0.51%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Stocks Retreat as Fed Rattles Market Stocks ended lower Wednesday as banks and techs pulled back and comments from the Fed poured water on the market's flicker of optimism.... »read more Fed Sees Economy Improving But Still Cuts Outlook: Minutes The Fed expects the economy to improve in coming months even though policymakers downgraded their outlook for 2009, according to minutes of the April 29 meeting... »read more As VIX Continues to Drop, Will S&P Rally to 1,000? The stock market's main volatility gauge continued to decline on Wednesday, fueling optimism that the recent rally had further to go... »read more TODAY'S TOP 5 VIDEOS 1. Obama on the Economy   President Barack Obama discusses his meeting with the economic task force. 2. Feedback on the President's Plan   Martin Feldstein, former council of economic advisers chairman, discusses what was said at the meeting with President Obama, with CNBC's Becky Quick. 3. Geithner Talks TARP  Treasury Secretary Timothy Geithner gives his testimony before the Senate Banking Committee on TARP. 4. Shrinking GE Capital  Insight on where GE plans to grow as well as decrease product lines, with Jeff Immelt, General Electric CEO and Austan Goolsbee, Council of Economic Advisors. 5. Stop Trading, Listen to Cramer!   Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Mark Haines       TODAY'S TOP BLOG   Big Payoffs & Lessons From Bank Of America's Big Rewards With its shares up almost 20% from where it priced its massive offering of stock late yesterday, hedge funds that got sizeable allocations of Bank of America shares are crowing, while many accounts that got cut back severely on their requests are cursing.»read more »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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