CNBC.com's News Now: CEO Reaction to Obama Victory

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DOW 9139.27 -486.01 -5.05% NASDAQ 1681.64 -98.48 -5.53% S&P 952.77 -52.98 -5.27%   Wednesday, Nov. 05, 2008   WHAT YOU SHOULD KNOW     Farrell: What's Coming From A President Obama Barney Frank told us it was coming when he said there are a lot of rich people out there to tax. So higher taxes are coming and I think soon. The Bush tax cuts expire in 2010 but I think the Obama administration will try to move the increase to 2009 and early 2009 at that...read more     New Stimulus Plan May Arrive Before Christmas Though it's too soon to say whether Christmas will make an early arrival in the nation's capital, the commanding presidential victory of Barrack Obama as well as his party's expanded majority in Congress suggest...read more     An Obama Market: What Stocks Could Fare Best With a new administration will come a new complexion for the stock market, and investors in alternative energy, technology and infrastructure could be among the biggest beneficiaries.....read more     TODAY'S TOP 5 VIDEOS     1. President Bush On Election Results President George W. Bush addresses the nation on yesterday's election results.     2. Bogle On the Election Discussing the markets and the election, with Jack Bogle, Vanguard Group founder/former CEO     3. CEO Reaction to Obama Victory An election reaction, with Dick Armey, FreedomWorks co-chairman; Don Peebles, The Peebles Corp. CEO and Jack Welch, former GE CEO     4. Meredith Whitney On Financials Discussing the future of the financial sector, with Meredith Whitney, executive director of equity research at Oppenheimer & Co.     5. Stop Trading, Listen to Cramer! Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.     Click here to view all of today's top videos on CNBC.com     CNBC.com BLOG OF THE DAY     Obama's Tax Hike For Wealthy—Why Young Should Embrace It See All CNBC.com Blogs   Watch CNBC live on your desktop. Click here to find out how.   NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS

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