CNBC.com's News Now: Obama's Stimulus

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DOW 7552.6 -297.81 -3.79% NASDAQ 1470.66 -63.70 -4.15% S&P 789.17 -37.67 -4.56%   Tuesday, Feb. 17, 2009   WHAT YOU SHOULD KNOW     Dow Ends Within a Point of November Low Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. The Dow Jones Industrial Average shed nearly 297...read more     Obama Signs Stimulus; Housing Moves Coming President Obama signed a $787 billion economic stimulus bill into law Tuesday as global markets plunged on fears that the recession would deepen despite government action in many countries...read more     Warren Buffett Slashes Johnson & Johnson Stake Warren Buffett's Berkshire Hathaway has just released its fourth quarter stock portfolio snapshot....read more     TODAY'S TOP 5 VIDEOS     1. Obama's Stimulus President Obama shares insights on how the stimulus bill will help boost the U.S. economy and signs it into law.     2. Krugman: Stimulus Inadequate The stimulus bill looks helpful but not adequate enough, says Paul Krugman New York Times op-ed writer/Princeton University professor Nobel Memorial prize, economic sciences winner     3. SEC Makes Charges SEC charges Robert Allen Stanford with fraud in CD sale, with CNBC's Hampton Pearson.     4. A-Rod's Explains New York Yankee Alex Rodriguez addresses the media on his use of a banned substance when he was with the Texas Rangers in 2003.     5. Progress on the Pickens Plan Discussing the stimulus legislation's aid to the energy industry, the future of the economy and long term energy needs, with Mike Jackson, AutoNation chairman/CEO; Boone Pickens, BP Capital CEO and H. Wayne Huizenga, Huizenga Holdings chairman     Click here to view all of today's top videos on CNBC.com     CNBC.com BLOG OF THE DAY     Are Home Buyers Starting To Kick The Tires? As we sit here poised on the edge of our seats, waiting to hear the details of how the Obama administration will use $50 billion of TARP money to ease the foreclosure crisis, a curious stat crossed the news wires. Apparently more potential home buyers are wandering through new homes. The National Association of Home Builders today reported in its monthly sentiment survey that while overall builder confidence in the housing market remained near record lows, builders did see an increase in buyer traffic in February. 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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