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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: SPLS, ADI Nasdaq 100 Movers: SPLS, ADI
Wednesday, November 26, 10:25 AM ET
S&P 500 Movers: DO, ADI S&P 500 Movers: DO, ADI
Wednesday, November 26, 10:21 AM ET
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Dow Movers: CVX, PFE Dow Movers: CVX, PFE
Wednesday, November 26, 10:18 AM ET
S&P 500 Movers: GRMN, PLL S&P 500 Movers: GRMN, PLL
Tuesday, November 25, 12:16 PM ET
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Dow Movers: JPM, UTX Dow Movers: JPM, UTX
Tuesday, November 25, 12:14 PM ET
S&P 500 Movers: MOS, URBN S&P 500 Movers: MOS, URBN
Monday, November 24, 12:02 PM ET
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Nasdaq 100 Movers: VOD, DISH Nasdaq 100 Movers: VOD, DISH
Monday, November 24, 12:02 PM ET
Dow Movers: T, INTC Dow Movers: T, INTC
Monday, November 24, 12:01 PM ET
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S&P 500 Movers: GME, ROST S&P 500 Movers: GME, ROST
Friday, November 21, 11:56 AM ET
Nasdaq 100 Movers: VRTX, ADSK Nasdaq 100 Movers: VRTX, ADSK
Friday, November 21, 11:56 AM ET
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Dow Movers: VZ, CAT Dow Movers: VZ, CAT
Friday, November 21, 11:55 AM ET
Nasdaq 100 Movers: GMCR, DLTR Nasdaq 100 Movers: GMCR, DLTR
Thursday, November 20, 12:23 PM ET
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Dow Movers: MRK, MCD Dow Movers: MRK, MCD
Thursday, November 20, 12:23 PM ET
S&P 500 Movers: DG, SPLS S&P 500 Movers: DG, SPLS
Wednesday, November 19, 1:10 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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