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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: TSLA, NVDA Nasdaq 100 Movers: TSLA, NVDA
Monday, February 27, 10:31 AM ET
S&P 500 Movers: AES, TGNA S&P 500 Movers: AES, TGNA
Monday, February 27, 10:30 AM ET
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Dow Movers: MSFT, CVX Dow Movers: MSFT, CVX
Monday, February 27, 10:29 AM ET
Nasdaq 100 Movers: BIDU, INCY Nasdaq 100 Movers: BIDU, INCY
Friday, February 24, 10:21 AM ET
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S&P 500 Movers: SWN, FL S&P 500 Movers: SWN, FL
Friday, February 24, 10:16 AM ET
Dow Movers: CAT, NKE Dow Movers: CAT, NKE
Friday, February 24, 10:14 AM ET
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Nasdaq 100 Movers: NVDA, SHPG Nasdaq 100 Movers: NVDA, SHPG
Thursday, February 23, 10:26 AM ET
S&P 500 Movers: LB, FSLR S&P 500 Movers: LB, FSLR
Thursday, February 23, 10:16 AM ET
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Dow Movers: GS, CVX Dow Movers: GS, CVX
Thursday, February 23, 10:15 AM ET
Nasdaq 100 Movers: TRIP, NCLH Nasdaq 100 Movers: TRIP, NCLH
Wednesday, February 22, 10:20 AM ET
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S&P 500 Movers: NFX, GRMN S&P 500 Movers: NFX, GRMN
Wednesday, February 22, 10:17 AM ET
Dow Movers: INTC, WMT Dow Movers: INTC, WMT
Wednesday, February 22, 10:10 AM ET
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Nasdaq 100 Movers: KHC, MDLZ Nasdaq 100 Movers: KHC, MDLZ
Tuesday, February 21, 10:21 AM ET
S&P 500 Movers: FCX, SNI S&P 500 Movers: FCX, SNI
Tuesday, February 21, 10:17 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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