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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: EA, MU Nasdaq 100 Movers: EA, MU
Wednesday, October 18, 10:20 AM ET
S&P 500 Movers: COTY, IBM S&P 500 Movers: COTY, IBM
Wednesday, October 18, 10:19 AM ET
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Dow Movers: BA, IBM Dow Movers: BA, IBM
Wednesday, October 18, 10:18 AM ET
Nasdaq 100 Movers: STX, ULTA Nasdaq 100 Movers: STX, ULTA
Tuesday, October 17, 10:23 AM ET
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S&P 500 Movers: COTY, IPG S&P 500 Movers: COTY, IPG
Tuesday, October 17, 10:17 AM ET
Dow Movers: GS, UNH Dow Movers: GS, UNH
Tuesday, October 17, 10:17 AM ET
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Nasdaq 100 Movers: JBHT, WYNN Nasdaq 100 Movers: JBHT, WYNN
Monday, October 16, 10:25 AM ET
S&P 500 Movers: PCG, FCX S&P 500 Movers: PCG, FCX
Monday, October 16, 10:16 AM ET
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Dow Movers: AXP, TRV Dow Movers: AXP, TRV
Monday, October 16, 10:15 AM ET
Nasdaq 100 Movers: DISH, VIAB Nasdaq 100 Movers: DISH, VIAB
Friday, October 13, 10:21 AM ET
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S&P 500 Movers: PCG, RE S&P 500 Movers: PCG, RE
Friday, October 13, 10:16 AM ET
Dow Movers: UNH, V Dow Movers: UNH, V
Friday, October 13, 10:12 AM ET
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Nasdaq 100 Movers: ULTA, NTES Nasdaq 100 Movers: ULTA, NTES
Thursday, October 12, 10:25 AM ET
S&P 500 Movers: ULTA, DXC S&P 500 Movers: ULTA, DXC
Thursday, October 12, 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 - 2017, All Rights Reserved

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