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Thursday, August 6, 2009

CNBC.com News Now: Why the Economic Recovery May Be Different This Time

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Thursday, Aug. 06, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 9256.26 -24.71 -0.27%  
NASDAQ 1973.16 -19.89 -1%  
S&P 997.08 -5.64 -0.56%  
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WHAT YOU SHOULD KNOW
Stocks Fall Amid Jobs Jitters; S&P Below 1,000
Stocks fell for a second straight session Thursday as tech stocks dragged after Cisco's tepid outlook and investors remained jittery ahead of tomorrow's jobs report...
»read more

Retail Stocks Are Rebounding —Even Without the Consumer
Retailers are managing their business better, even though consumers are still conserving cash— and investors are taking notice...
»read more

Why the Economic Recovery May Be Different This Time
This is not your father's recession. If domestic spending has been the engine of US economic growth in the past few decades, then the coming recovery — and the job creation that comes with it — won't be a smooth ride...
»read more

TOMORROW MORNING ON CNBC
CNBC 360 The Jobs Report
It could be the single most important indicator of how America's doing now. Be there when the jobs number is released, plus get expert analysis on what it means for the economy, the markets and you...
»Squawk Box 8:30a ET

TODAY'S TOP 5 VIDEOS
1. Cohen: Slow Climb  
Abby Joseph Cohen, a senior investment strategist at Goldman Sachs, discusses whether the economy is turning and whether the summer rally is sustainable.

2. Guppy: Citi a Heart Attack Patient  
Avoid trading Citi shares and BofA has an upside target of around $21, says Daryl Guppy, CEO of Guppytraders.com as he charts U.S. financials, indices like the Nikkei, Hang Seng, S&P/ASX 200 as well as resources firms, with CNBC's Martin Soong

3. Mack Watching the Door? 
Discussing whether Morgan Stanley chairman & CEO John Mack could be leaving the company soon, with CNBC's Charlie Gasparino.

4. Sotomayor Confirmed  
President Obama comments on Sonia Sotomayor's confirmation to the U.S. Supreme Court.

5. Stop Trading, Listen to Cramer!  
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett

 

 
  TODAY'S TOP BLOG
  blogger
AIG'S Big Move
It's strange enough when a stock is up 74% in two days, but rarer still when that move is not accompanied by any news to explain it. Such is the case for AIG, whose swift ascent yesterday (up over 8 points) and much of today (it was up over 17% at one point) is attributable to that most painful of investor predicaments: the short squeeze

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