9/18/09 – the Grio & CNBC Market Wrap Up

VIDEO - The Grio and CNBC team up to deliver a weekly preview of money matters and market updates for our community...

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The Grio and CNBC team up to deliver a weekly preview of money matters and market updates for our community.

CNBC’s Shartia Brantley reports. According to Fed chairman Ben Bernanke, the recession has likely ended. The white house is considering an extension to the first time homebuyers tax credit, which expires on November 30th. There was a boost in the manufacturing and retail sectors in August due to the cash for clunkers program. The net worth of Americans has increased due to the recent stock market rally and improving home prices.

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