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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: XLNX, MNST Nasdaq 100 Movers: XLNX, MNST
Tuesday, May 23, 10:23 AM ET
S&P 500 Movers: AZO, A S&P 500 Movers: AZO, A
Tuesday, May 23, 10:16 AM ET
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Dow Movers: GS, NKE Dow Movers: GS, NKE
Tuesday, May 23, 10:15 AM ET
Nasdaq 100 Movers: AMGN, WYNN Nasdaq 100 Movers: AMGN, WYNN
Monday, May 22, 10:44 AM ET
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S&P 500 Movers: AAP, MCK S&P 500 Movers: AAP, MCK
Monday, May 22, 10:44 AM ET
Dow Movers: WMT, BA Dow Movers: WMT, BA
Monday, May 22, 10:13 AM ET
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Nasdaq 100 Movers: AVGO, ADSK Nasdaq 100 Movers: AVGO, ADSK
Friday, May 19, 10:26 AM ET
S&P 500 Movers: FL, ADSK S&P 500 Movers: FL, ADSK
Friday, May 19, 10:25 AM ET
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Dow Movers: NKE, CAT Dow Movers: NKE, CAT
Friday, May 19, 10:24 AM ET
Nasdaq 100 Movers: CSCO, INCY Nasdaq 100 Movers: CSCO, INCY
Thursday, May 18, 10:34 AM ET
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S&P 500 Movers: CSCO, INCY S&P 500 Movers: CSCO, INCY
Thursday, May 18, 10:33 AM ET
Dow Movers: CSCO, WMT Dow Movers: CSCO, WMT
Thursday, May 18, 10:33 AM ET
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Nasdaq 100 Movers: MU, DISH Nasdaq 100 Movers: MU, DISH
Wednesday, May 17, 10:22 AM ET
S&P 500 Movers: AMD, CL S&P 500 Movers: AMD, CL
Wednesday, May 17, 10:21 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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