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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
S&P 500 Movers: GIS, HPE S&P 500 Movers: GIS, HPE
Friday, February 23, 11:27 AM ET
Nasdaq 100 Movers: INTU, MU Nasdaq 100 Movers: INTU, MU
Friday, February 23, 11:25 AM ET
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Dow Movers: UTX, INTC Dow Movers: UTX, INTC
Friday, February 23, 11:24 AM ET
S&P 500 Movers: SRCL, CHK S&P 500 Movers: SRCL, CHK
Thursday, February 22, 10:24 AM ET
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Nasdaq 100 Movers: SNPS, TSLA Nasdaq 100 Movers: SNPS, TSLA
Thursday, February 22, 10:22 AM ET
Dow Movers: V, UTX Dow Movers: V, UTX
Thursday, February 22, 10:21 AM ET
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S&P 500 Movers: DVN, AAP S&P 500 Movers: DVN, AAP
Wednesday, February 21, 10:17 AM ET
Dow Movers: GE, MCD Dow Movers: GE, MCD
Wednesday, February 21, 10:16 AM ET
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S&P 500 Movers: WMT, NBL S&P 500 Movers: WMT, NBL
Tuesday, February 20, 10:31 AM ET
Nasdaq 100 Movers: QCOM, ADI Nasdaq 100 Movers: QCOM, ADI
Tuesday, February 20, 10:30 AM ET
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Dow Movers: WMT, INTC Dow Movers: WMT, INTC
Tuesday, February 20, 10:29 AM ET
S&P 500 Movers: VFC, AMAT S&P 500 Movers: VFC, AMAT
Friday, February 16, 10:44 AM ET
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Dow Movers: MCD, CSCO Dow Movers: MCD, CSCO
Friday, February 16, 10:12 AM ET
Nasdaq 100 Movers: INCY, CSCO Nasdaq 100 Movers: INCY, CSCO
Thursday, February 15, 10:26 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 - 2018, All Rights Reserved

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