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Tuesday, November 4, 2008

CNBC.com's News Now: Unconventional Voting

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DOW 9625.28 305.45 +3.28%
NASDAQ 1780.12 53.79 +3.12%
S&P 1005.75 39.45 +4.08%
  Tuesday, Nov. 04, 2008
 
CNBC TASK FORCE
 

  CNBC TASK FORCE Bob Pisani, CNBC "On-Air Stocks" Editor
Stocks "Steady" Because Of Election? Maybe Not

Stocks traded higher on relief that the presidential elections were finally over, but perhaps more importantly stocks were steady because the market has calmed down considerably in the last four days.

The CBOE Volatility Index (VIX) declined for the fourth day, and is nearly 50 percent below its high of 89 on October 24th. LIBOR rates continue to drop, down for the 17th straight day to the lowest levels since June....read more

 
 
WHAT YOU SHOULD KNOW
 
  Stocks Burst With Election Relief; VIX Falls
Stocks popped like a champagne cork Tuesday as Wall Street breathed a gigantic sigh of relief that the presidential election — and the uncertainty that comes with it — is almost over. Major averages ended near their session highs as steady gains throughout the day gave way and stocks rocketed to the finish line...read more
 

  Why the US Market Rallied Even Before Vote Was Over
At the end of the day—this day at least—it may not even matter who wins the election. The simple notion that this Election Day marked a potential turning point for the economy and a departure from the current state of affairs was enough to boost investors' spirits and send the stock market higher...read more
 

  Virtually No Pattern
The financial crisis has obliterated all speculation as to which stocks or sectors would benefit from a McCain or Obama presidency....read more
 


  TODAY'S TOP 5 VIDEOS  
  1. Google Hiring Freeze
Google has instituted a company-wide hiring freeze for the last month, reports CNBC's David Faber.
 

  2. Early Voting Begins, with Wilbur Ross
An outlook on the importance of this election and what it could mean for the economy, with Wilbur Ross, WL Ross & Co. chairman/CEO
 

  3.Unconventional Voting
A look at some less traditional predictors, with CNBC's Darren Rovell
 

  4.Wall Street Layoffs Loom
The financial sector is bracing for more layoffs before the end of the year, reports CNBC's Charlie Gasparino.
 

  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  
  BLOG OF THE DAY Election Day Long Lines Are For—Starbucks!
Earlier I blogged about how Starbucks is giving everyone—not just voters—a free tall cup of coffee today. Did the move give the chain's traffic a caffeine-like boost? You betcha!

The image in this post is from a Starbucks in Phoenix where it literally appears as if everyone leaving a nearby polling...read more

See All CNBC.com Blogs
 

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