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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: ALXN, BMRN Nasdaq 100 Movers: ALXN, BMRN
Friday, September 23, 10:21 AM ET
S&P 500 Movers: CRM, ENDP S&P 500 Movers: CRM, ENDP
Friday, September 23, 10:16 AM ET
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Dow Movers: TRV, DD Dow Movers: TRV, DD
Friday, September 23, 10:10 AM ET
Nasdaq 100 Movers: BMRN, BBBY Nasdaq 100 Movers: BMRN, BBBY
Thursday, September 22, 10:38 AM ET
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S&P 500 Movers: LVLT, RHT S&P 500 Movers: LVLT, RHT
Thursday, September 22, 10:36 AM ET
Dow Movers: V, UTX Dow Movers: V, UTX
Thursday, September 22, 10:34 AM ET
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Nasdaq 100 Movers: NFLX, ADBE Nasdaq 100 Movers: NFLX, ADBE
Wednesday, September 21, 10:21 AM ET
S&P 500 Movers: NFLX, ADBE S&P 500 Movers: NFLX, ADBE
Wednesday, September 21, 10:16 AM ET
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Dow Movers: DIS, CAT Dow Movers: DIS, CAT
Wednesday, September 21, 10:12 AM ET
Nasdaq 100 Movers: NTES, MAR Nasdaq 100 Movers: NTES, MAR
Tuesday, September 20, 10:33 AM ET
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S&P 500 Movers: LEN, RCL S&P 500 Movers: LEN, RCL
Tuesday, September 20, 10:30 AM ET
Dow Movers: XOM, GE Dow Movers: XOM, GE
Tuesday, September 20, 10:27 AM ET
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Nasdaq 100 Movers: SRCL, NTES Nasdaq 100 Movers: SRCL, NTES
Monday, September 19, 10:34 AM ET
Dow Movers: VZ, MMM Dow Movers: VZ, MMM
Monday, September 19, 10:33 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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