CNBC.com's News Now: Stocks Soar Over 2% Amid Recovery Hopes

Click here to view today's top stories on your mobile device. Monday, Jun. 01, 2009     DOW 8721.44 221.11 +2.6%   NASDAQ 1862.68 54.35 +3.06%   S&P 942.87 23.73 +2.58%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Why Investors Are Recoiling from US Treasury Bonds Stocks advanced Monday as investors were encouraged by economic reports out of China and the U.S., and shrugged off the General Motors bankruptcy filing. Read and listen to what the experts had to say... »read more Stocks Soar Over 2% Amid Recovery Hopes Stocks soared Monday as investors were encouraged by economic reports out of China and the U.S. and breathed a sigh of relief that General Motors finally filed for bankruptcy protection... »read more Why the Bankruptcy Filing Happened in New York As confidence increases in the stock market and a slew of other factors works against government debt, investors are unlikely to flock to Treasury bonds until yields get significantly higher... »read more TODAY'S TOP 5 VIDEOS 1. Henderson on Bankruptcy   General Motors CEO Fritz Henderson discusses his company's bankruptcy filing and what's next for the automaker, with CNBC's Phil Lebeau. 2. Obama Explains Autos   President Barack Obama discusses where the auto industry stands and what next steps will be taken. 3. Bob Doll's Outlook for Autos   GM's bankruptcy filing is no surprise but it's still hard to see what the government's role will be, says Bob Doll, BlackRock vice chairman/global CIO, equities. 4. Geithner's Pitch to China   U.S. Treasury Secretary Tim Geithner barnstorms China and holds two days of talks with top Chinese officials, reports CNBC's Steve Liesman. 5. Stop Trading, Listen to Cramer!   Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.       TODAY'S TOP BLOG   How Troubled Is Private Equity? Ask KKR It's not often we get detailed data on the world of private equity. Other than SEC filings from Blackstone, little information makes its way into the public realm. That's why this weekend's "update" from the private equity giant KKR provides an interesting window into the struggles that have hit the once mighty firms of private equity.»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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