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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: LBTYA, DLTR Nasdaq 100 Movers: LBTYA, DLTR
Friday, June 24, 10:21 AM ET
S&P 500 Movers: IVZ, NEM S&P 500 Movers: IVZ, NEM
Friday, June 24, 10:17 AM ET
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Dow Movers: GS, VZ Dow Movers: GS, VZ
Friday, June 24, 10:11 AM ET
Nasdaq 100 Movers: TSLA, MU Nasdaq 100 Movers: TSLA, MU
Thursday, June 23, 10:24 AM ET
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S&P 500 Movers: RHT, MU S&P 500 Movers: RHT, MU
Thursday, June 23, 10:16 AM ET
Dow Movers: PFE, GS Dow Movers: PFE, GS
Thursday, June 23, 10:14 AM ET
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Nasdaq 100 Movers: TSLA, QCOM Nasdaq 100 Movers: TSLA, QCOM
Wednesday, June 22, 10:26 AM ET
S&P 500 Movers: ADBE, RIG S&P 500 Movers: ADBE, RIG
Wednesday, June 22, 10:22 AM ET
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Dow Movers: MCD, JPM Dow Movers: MCD, JPM
Wednesday, June 22, 10:21 AM ET
Dow Movers: MCD, JPM Dow Movers: MCD, JPM
Wednesday, June 22, 10:19 AM ET
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Nasdaq 100 Movers: LBTYA, MU Nasdaq 100 Movers: LBTYA, MU
Tuesday, June 21, 10:22 AM ET
S&P 500 Movers: BWA, MU S&P 500 Movers: BWA, MU
Tuesday, June 21, 10:16 AM ET
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Dow Movers: DIS, NKE Dow Movers: DIS, NKE
Tuesday, June 21, 10:11 AM ET
Nasdaq 100 Movers: ENDP, JD Nasdaq 100 Movers: ENDP, JD
Monday, June 20, 10:21 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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