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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 (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
Nasdaq 100 Movers: SNDK, WYNN Nasdaq 100 Movers: SNDK, WYNN
Tuesday, June 30, 10:22 AM ET
S&P 500 Movers: KORS, PNR S&P 500 Movers: KORS, PNR
Tuesday, June 30, 10:16 AM ET
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Dow Movers: MSFT, DIS Dow Movers: MSFT, DIS
Tuesday, June 30, 10:11 AM ET
S&P 500 Movers: GCI, APH S&P 500 Movers: GCI, APH
Monday, June 29, 10:26 AM ET
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Nasdaq 100 Movers: SPLS, DISCA Nasdaq 100 Movers: SPLS, DISCA
Monday, June 29, 10:25 AM ET
Dow Movers: JPM, PFE Dow Movers: JPM, PFE
Monday, June 29, 10:23 AM ET
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S&P 500 Movers: MU, NKE S&P 500 Movers: MU, NKE
Friday, June 26, 10:26 AM ET
Nasdaq 100 Movers: MU, BBBY Nasdaq 100 Movers: MU, BBBY
Friday, June 26, 10:25 AM ET
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Dow Movers: INTC, NKE Dow Movers: INTC, NKE
Friday, June 26, 10:21 AM ET
Nasdaq 100 Movers: NFLX, MNST Nasdaq 100 Movers: NFLX, MNST
Thursday, June 25, 10:21 AM ET
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S&P 500 Movers: WAT, LLY S&P 500 Movers: WAT, LLY
Thursday, June 25, 10:16 AM ET
Dow Movers: NKE, VZ Dow Movers: NKE, VZ
Thursday, June 25, 10:12 AM ET
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Nasdaq 100 Movers: SPLS, NFLX Nasdaq 100 Movers: SPLS, NFLX
Wednesday, June 24, 10:22 AM ET
S&P 500 Movers: SPLS, LEN S&P 500 Movers: SPLS, LEN
Wednesday, June 24, 10:17 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 - 2015, All Rights Reserved

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