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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: ULTA, ADSK Nasdaq 100 Movers: ULTA, ADSK
Friday, August 26, 10:52 AM ET
S&P 500 Movers: ULTA, ADSK S&P 500 Movers: ULTA, ADSK
Friday, August 26, 10:51 AM ET
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Dow Movers: NKE, INTC Dow Movers: NKE, INTC
Friday, August 26, 10:48 AM ET
Nasdaq 100 Movers: DLTR, MU Nasdaq 100 Movers: DLTR, MU
Thursday, August 25, 11:01 AM ET
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S&P 500 Movers: SIG, TIF S&P 500 Movers: SIG, TIF
Thursday, August 25, 10:59 AM ET
Dow Movers: AAPL, CSCO Dow Movers: AAPL, CSCO
Thursday, August 25, 10:54 AM ET
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Nasdaq 100 Movers: INTU, INCY Nasdaq 100 Movers: INTU, INCY
Wednesday, August 24, 10:28 AM ET
S&P 500 Movers: INTU, MNK S&P 500 Movers: INTU, MNK
Wednesday, August 24, 10:25 AM ET
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Dow Movers: PG, CSCO Dow Movers: PG, CSCO
Wednesday, August 24, 10:24 AM ET
Nasdaq 100 Movers: MYL, AMAT Nasdaq 100 Movers: MYL, AMAT
Tuesday, August 23, 10:22 AM ET
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S&P 500 Movers: SJM, BBY S&P 500 Movers: SJM, BBY
Tuesday, August 23, 10:17 AM ET
Dow Movers: XOM, PFE Dow Movers: XOM, PFE
Tuesday, August 23, 10:14 AM ET
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Nasdaq 100 Movers: VIAB, INCY Nasdaq 100 Movers: VIAB, INCY
Monday, August 22, 10:25 AM ET
S&P 500 Movers: MRO, REGN S&P 500 Movers: MRO, REGN
Monday, August 22, 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 - 2016, All Rights Reserved

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