| DOW | 8046.42 | | 494.13 | +6.54% | | NASDAQ | 1384.35 | | 68.23 | +5.18% | S&P | 800.03 | | 47.59 | +6.32 | | | | With Washington Paralyzed, Wall Street Gets the Shakes Wall Street isn't feeling much love from Washington these days. With the lame-duck Congress and the Bush administration unable to agree on any action to boost the economy or ease the financial crisis, the markets have nosedived. The Dow Jones Industrial Average alone has plunged 2,000 points since Election Day...read more | | | | 2. Strong Rebound Coming: Dr. Doom If governments throw enough money at the system, a strong, near-term rally should happen, investor Marc Faber told CNBC. But if it fails to materialize, prepare for an unprecedented depression. | | | | 4. Storm Season Begins The new Blackberry Storm went on sale today, with Nicholas Thompson, Wired Magazine and CNBC's Erin Burnett. | | | | CNBC.com BLOG OF THE DAY | | | |