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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: DNR, EA S&P 500 Movers: DNR, EA
Wednesday, January 28, 12:09 PM ET
Nasdaq 100 Movers: NFLX, EA Nasdaq 100 Movers: NFLX, EA
Wednesday, January 28, 12:07 PM ET
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Dow Movers: CVX, BA Dow Movers: CVX, BA
Wednesday, January 28, 12:04 PM ET
S&P 500 Movers: MSFT, WAT S&P 500 Movers: MSFT, WAT
Tuesday, January 27, 1:14 PM ET
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Nasdaq 100 Movers: MSFT, DLTR Nasdaq 100 Movers: MSFT, DLTR
Tuesday, January 27, 1:13 PM ET
Dow Movers: MSFT, PFE Dow Movers: MSFT, PFE
Tuesday, January 27, 1:13 PM ET
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S&P 500 Movers: STX, MWV S&P 500 Movers: STX, MWV
Monday, January 26, 10:30 AM ET
Nasdaq 100 Movers: STX, WYNN Nasdaq 100 Movers: STX, WYNN
Monday, January 26, 10:29 AM ET
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Dow Movers: CSCO, IBM Dow Movers: CSCO, IBM
Monday, January 26, 10:27 AM ET
Nasdaq 100 Movers: KLAC, SBUX Nasdaq 100 Movers: KLAC, SBUX
Friday, January 23, 10:36 AM ET
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S&P 500 Movers: UPS, ETFC S&P 500 Movers: UPS, ETFC
Friday, January 23, 10:34 AM ET
Dow Movers: JNJ, V Dow Movers: JNJ, V
Friday, January 23, 10:27 AM ET
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S&P 500 Movers: FFIV, LUV S&P 500 Movers: FFIV, LUV
Thursday, January 22, 12:44 PM ET
Nasdaq 100 Movers: XLNX, EBAY Nasdaq 100 Movers: XLNX, EBAY
Thursday, January 22, 12:43 PM 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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