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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
S&P 500 Movers: AXP, HCBK S&P 500 Movers: AXP, HCBK
Friday, April 17, 10:44 AM ET
Dow Movers: AXP, GE Dow Movers: AXP, GE
Friday, April 17, 10:42 AM ET
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Nasdaq 100 Movers: ADBE, STX Nasdaq 100 Movers: ADBE, STX
Friday, April 17, 10:41 AM ET
Nasdaq 100 Movers: SNDK, NFLX Nasdaq 100 Movers: SNDK, NFLX
Thursday, April 16, 10:48 AM ET
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Dow Movers: CVX, UNH Dow Movers: CVX, UNH
Thursday, April 16, 10:47 AM ET
Dow Movers: MCD, INTC Dow Movers: MCD, INTC
Wednesday, April 15, 10:44 AM ET
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Nasdaq 100 Movers: VRTX, WDC Nasdaq 100 Movers: VRTX, WDC
Wednesday, April 15, 10:43 AM ET
S&P 500 Movers: PCP, DAL S&P 500 Movers: PCP, DAL
Wednesday, April 15, 10:39 AM ET
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Nasdaq 100 Movers: WYNN, FAST Nasdaq 100 Movers: WYNN, FAST
Tuesday, April 14, 10:21 AM ET
S&P 500 Movers: NSC, DO S&P 500 Movers: NSC, DO
Tuesday, April 14, 10:17 AM ET
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Dow Movers: HD, JPM Dow Movers: HD, JPM
Tuesday, April 14, 10:15 AM ET
S&P 500 Movers: FOSL, NFLX S&P 500 Movers: FOSL, NFLX
Monday, April 13, 10:47 AM ET
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Nasdaq 100 Movers: SYMC, NFLX Nasdaq 100 Movers: SYMC, NFLX
Monday, April 13, 10:46 AM ET
Dow Movers: GE, UNH Dow Movers: GE, UNH
Monday, April 13, 10:43 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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