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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: ORLY, BMRN Nasdaq 100 Movers: ORLY, BMRN
Monday, December 11, 10:20 AM ET
S&P 500 Movers: SCG, CTL S&P 500 Movers: SCG, CTL
Monday, December 11, 10:17 AM ET
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Dow Movers: BA, DIS Dow Movers: BA, DIS
Monday, December 11, 10:15 AM ET
Nasdaq 100 Movers: VIAB, ALXN Nasdaq 100 Movers: VIAB, ALXN
Friday, December 8, 10:21 AM ET
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S&P 500 Movers: COO, ALXN S&P 500 Movers: COO, ALXN
Friday, December 8, 10:16 AM ET
Dow Movers: KO, MSFT Dow Movers: KO, MSFT
Friday, December 8, 10:14 AM ET
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Nasdaq 100 Movers: CTRP, VIAB Nasdaq 100 Movers: CTRP, VIAB
Thursday, December 7, 10:21 AM ET
S&P 500 Movers: HRB, VIAB S&P 500 Movers: HRB, VIAB
Thursday, December 7, 10:17 AM ET
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Dow Movers: JPM, MRK Dow Movers: JPM, MRK
Thursday, December 7, 10:11 AM ET
Nasdaq 100 Movers: HSIC, ADBE Nasdaq 100 Movers: HSIC, ADBE
Wednesday, December 6, 10:21 AM ET
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S&P 500 Movers: PDCO, DVA S&P 500 Movers: PDCO, DVA
Wednesday, December 6, 10:16 AM ET
Dow Movers: HD, JNJ Dow Movers: HD, JNJ
Wednesday, December 6, 10:11 AM ET
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Dow Movers: VZ, MCD Dow Movers: VZ, MCD
Tuesday, December 5, 10:29 AM ET
Nasdaq 100 Movers: DISCA, MU Nasdaq 100 Movers: DISCA, MU
Tuesday, December 5, 10:29 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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