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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 (NYSE:BNNY) made its trading debut, surging more than 70%, after an initial public offering raised $95 million.

Family Dollar Stores (NYSE: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
S&P 500 Movers: OI, LEN S&P 500 Movers: OI, LEN
Wednesday, September 17, 12:03 PM ET
Nasdaq 100 Movers: ADBE, WFM Nasdaq 100 Movers: ADBE, WFM
Wednesday, September 17, 12:02 PM ET
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Dow Movers: MRK, DD Dow Movers: MRK, DD
Wednesday, September 17, 11:49 AM ET
S&P 500 Movers: WYNN, HUM S&P 500 Movers: WYNN, HUM
Tuesday, September 16, 11:56 AM ET
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Nasdaq 100 Movers: WYNN, ALTR Nasdaq 100 Movers: WYNN, ALTR
Tuesday, September 16, 11:56 AM ET
Dow Movers: UTX, UNH Dow Movers: UTX, UNH
Tuesday, September 16, 11:54 AM ET
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S&P 500 Movers: GILD, TAP S&P 500 Movers: GILD, TAP
Monday, September 15, 12:37 PM ET
Nasdaq 100 Movers: TSLA, YHOO Nasdaq 100 Movers: TSLA, YHOO
Monday, September 15, 12:36 PM ET
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Dow Movers: CAT, TRV Dow Movers: CAT, TRV
Monday, September 15, 12:29 PM ET
S&P 500 Movers: HCN, ADS S&P 500 Movers: HCN, ADS
Friday, September 12, 12:18 PM ET
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Nasdaq 100 Movers: VRTX, YHOO Nasdaq 100 Movers: VRTX, YHOO
Friday, September 12, 12:16 PM ET
Dow Movers: CAT, GS Dow Movers: CAT, GS
Friday, September 12, 12:16 PM ET
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S&P 500 Movers: NBR, IP S&P 500 Movers: NBR, IP
Thursday, September 11, 11:40 AM ET
Nasdaq 100 Movers: GRMN, LBTYA Nasdaq 100 Movers: GRMN, LBTYA
Thursday, September 11, 11:38 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 - 2014, All Rights Reserved

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