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DOW 7997.28 -427.47 -5.07% NASDAQ 1386.42 -96.85 -6.53% S&P 806.58 -55.54 -6.12%   Wednesday, Nov. 19, 2008   WHAT YOU SHOULD KNOW     Dow Ends Below 8,000, More Than 5-Year Low Stocks plunged to a more than five-year low amid worries about the fate of the auto industry — and the economy — as a bailout for the sector grows increasingly unlikely... read more     Fed Officials Slash Outlook For Economy Through '09 Federal Reserve officials slashed economic growth forecasts through 2009 and hinted that further interest rate cuts may be needed if growth slows further, minutes of their October policy meeting show. read more     Options Action: Betting Against Financials Merrill Lynch is seeing heavy put activity among options traders Wednesday, as its stock plunges to lows not seen in more than a decade....read more     TODAY'S TOP 5 VIDEOS     1. CNBC Exclusive: GM CEO Rick Wagoner General Motors CEO Rick Wagoner speaks exclusively to CNBC's Phil LeBeau about today's hearings and the future of GM.     2. Today's Market Action A look at what's behind today's selloff, with James Paulsen, of Wells Capital Management, and John Burbank, of Passport Capital     3. Next Shoe to Drop: Commercial Real Estate Commercial real estate worries rise, with CNBC's David Faber     4. Citi Falls Below $8 A look at Citi's falling share price, with CNBC's David Faber     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 Election And Its Warning To Business Leaders Business leaders who want to remain on top should view America's overwhelming endorsement of President-elect Barack Obama as a rejection of the status quo. 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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