Today's CNBC MarketWrap

Today's top 5 stories on CNBC.

1. Fed Cut: The Fed cuts discount window rate by 50 basis points and the markets react accordingly, with CNBC's Steve Liesman.

2. NYSE Market Wrap: A roundup of the day's trading activity after the Fed's discount rate cut, with CNBC's Bob Pisani.

3. PNC Financial CEO: Discussing how the cut in the Fed discount rate impacts the banks, with James Rohr, PNC Financial chmn. & CEO and CNBC's Erin Burnett.

4. More Job Cuts: Growing concerns about jobs on the street, with CNBC's David Faber.

5. Darden Deal: Growing concerns about jobs on the street, with CNBC's David Faber.

Click here to view all of today's Top stories

Clip of the week:

	The Fed Factor
	Why the Fed cut the discount rate and the impact it's likely to have on the markets, with Susan Phillips, former Federal Reserve governor and CNBC's Steve Liesman, Rick Santelli & Sue Herera.

Behind the Wheel w/Phil LeBeau: What YOU Want from Chrysler.

 

Tune in to CNBC Monday to watch the market unfold

1. Silicon Valley Housing Paradox: Jim Goldman explains why home prices are still rising in the Bay Area despite a steep drop-off in the number of sales and a six-year high in the number of homes on the market.

2. Google Expands Again: Google always said it wouldn't create its own content, but the search giant just signed a deal to do just that. Julia Boorstin details what the move means to Google's internet competitors and the traditional media giants.

3. Retail Report: Lowe's releases earnings Monday morning. It will be the first of a wave of retailers out this week with quarterly results.

4. Fed Watch: Steve Liesman watches for Federal Reserve action in the credit market and looks at the impact on stocks and other investments.

5. Washington Week Ahead: John Harwood previews the big issues Washington will focus on during the week.

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