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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: ALTR, ADI S&P 500 Movers: ALTR, ADI
Monday, March 30, 12:50 PM ET
Nasdaq 100 Movers: ALTR, CTRX Nasdaq 100 Movers: ALTR, CTRX
Monday, March 30, 12:48 PM ET
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Dow Movers: INTC, UNH Dow Movers: INTC, UNH
Monday, March 30, 12:48 PM ET
Dow Movers: CVX, HD Dow Movers: CVX, HD
Friday, March 27, 10:44 AM ET
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Nasdaq 100 Movers: SNDK, EA Nasdaq 100 Movers: SNDK, EA
Friday, March 27, 10:43 AM ET
S&P 500 Movers: RIG, CCL S&P 500 Movers: RIG, CCL
Friday, March 27, 10:43 AM ET
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S&P 500 Movers: SNDK, RHT S&P 500 Movers: SNDK, RHT
Thursday, March 26, 12:50 PM ET
Nasdaq 100 Movers: SNDK, CELG Nasdaq 100 Movers: SNDK, CELG
Thursday, March 26, 12:49 PM ET
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Dow Movers: CSCO, IBM Dow Movers: CSCO, IBM
Thursday, March 26, 12:45 PM ET
Nasdaq 100 Movers: NVDA, KRFT Nasdaq 100 Movers: NVDA, KRFT
Wednesday, March 25, 5:10 PM ET
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S&P 500 Movers: NVDA, KRFT S&P 500 Movers: NVDA, KRFT
Wednesday, March 25, 4:59 PM ET
Dow Movers: MSFT, MRK Dow Movers: MSFT, MRK
Wednesday, March 25, 4:54 PM ET
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S&P 500 Movers: FCX, MKC S&P 500 Movers: FCX, MKC
Tuesday, March 24, 4:13 PM ET
Nasdaq 100 Movers: MAR, NFLX Nasdaq 100 Movers: MAR, NFLX
Tuesday, March 24, 4:12 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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