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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: NFX, AVGO S&P 500 Movers: NFX, AVGO
Thursday, February 26, 10:28 AM ET
Nasdaq 100 Movers: ALXN, AVGO Nasdaq 100 Movers: ALXN, AVGO
Thursday, February 26, 10:26 AM ET
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Dow Movers: CVX, CSCO Dow Movers: CVX, CSCO
Thursday, February 26, 10:25 AM ET
S&P 500 Movers: CHK, RRC S&P 500 Movers: CHK, RRC
Wednesday, February 25, 5:15 PM ET
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Nasdaq 100 Movers: WYNN, VRSK Nasdaq 100 Movers: WYNN, VRSK
Wednesday, February 25, 5:13 PM ET
Dow Movers: INTC, NKE Dow Movers: INTC, NKE
Wednesday, February 25, 5:11 PM ET
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S&P 500 Movers: MU, FSLR S&P 500 Movers: MU, FSLR
Tuesday, February 24, 1:09 PM ET
Nasdaq 100 Movers: MU, EXPD Nasdaq 100 Movers: MU, EXPD
Tuesday, February 24, 1:09 PM ET
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Dow Movers: BA, HD Dow Movers: BA, HD
Tuesday, February 24, 12:57 PM ET
Dow Movers: BA, UNH Dow Movers: BA, UNH
Monday, February 23, 1:29 PM ET
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Nasdaq 100 Movers: VIP, DISCA Nasdaq 100 Movers: VIP, DISCA
Monday, February 23, 1:29 PM ET
S&P 500 Movers: ESV, DISCA S&P 500 Movers: ESV, DISCA
Monday, February 23, 1:28 PM ET
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S&P 500 Movers: IRM, MHK S&P 500 Movers: IRM, MHK
Friday, February 20, 1:27 PM ET
Nasdaq 100 Movers: DISCA, INTU Nasdaq 100 Movers: DISCA, INTU
Friday, February 20, 1:26 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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