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Daily Wrap: March 28, 2012
Wednesday, March 28, 3:58 PM ET

Stocks fell into negative territory today, led by materials and energy shares.

On the economic front, durable good orders rose 2.2 percent, according to the Commerce Department. That increase was less than economists expected but still an improvement over a sharp drop in January. Meanwhile, the Mortgage Bankers Association is reporting a 2.7 percent drop in mortgage applications, from one week earlier.

Organic food company Annie's (BNNY) made its trading debut, surging more than 70%, after an initial public offering raised $95 million.

Family Dollar Stores (FDO) posted an 11% increase in second quarter earnings, exceeding Wall Street expectations. due to strong holiday sales.

Shares of Nokia (NYSE:NOK) got a boost, after the company launched its first smartphone in China. The struggling cellphone maker said its Lumia 800C will be supported by China Telecom (NYSE:CHA).

Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from Best Buy (NYSE:BBY) and Research in Motion (RIMM).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Wrap:  March 28, 2012 picture
Nasdaq 100 Movers: SWKS, VOD Nasdaq 100 Movers: SWKS, VOD
Friday, July 22, 10:23 AM ET
S&P 500 Movers: SWKS, SWN S&P 500 Movers: SWKS, SWN
Friday, July 22, 10:21 AM ET
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Dow Movers: GE, VZ Dow Movers: GE, VZ
Friday, July 22, 10:17 AM ET
Nasdaq 100 Movers: INTC, EBAY Nasdaq 100 Movers: INTC, EBAY
Thursday, July 21, 10:34 AM ET
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S&P 500 Movers: LUV, URI S&P 500 Movers: LUV, URI
Thursday, July 21, 10:33 AM ET
Dow Movers: INTC, CAT Dow Movers: INTC, CAT
Thursday, July 21, 10:26 AM ET
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Nasdaq 100 Movers: FOX, ISRG Nasdaq 100 Movers: FOX, ISRG
Wednesday, July 20, 10:21 AM ET
S&P 500 Movers: FCX, CTAS S&P 500 Movers: FCX, CTAS
Wednesday, July 20, 10:16 AM ET
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Dow Movers: DIS, MSFT Dow Movers: DIS, MSFT
Wednesday, July 20, 10:11 AM ET
Nasdaq 100 Movers: NFLX, MNST Nasdaq 100 Movers: NFLX, MNST
Tuesday, July 19, 10:27 AM ET
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S&P 500 Movers: NFLX, LMT S&P 500 Movers: NFLX, LMT
Tuesday, July 19, 10:16 AM ET
Dow Movers: GS, JNJ Dow Movers: GS, JNJ
Tuesday, July 19, 10:12 AM ET
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Nasdaq 100 Movers: MNST, NTES Nasdaq 100 Movers: MNST, NTES
Monday, July 18, 10:21 AM ET
S&P 500 Movers: HAS, COH S&P 500 Movers: HAS, COH
Monday, July 18, 10:16 AM ET
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Daily Wrap:  March 28, 2012  NOW PLAYING
Daily Wrap: March 28, 2012
Wednesday, March 28, 3:58 PM ET
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Daily Wrap: March 28, 2012 | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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