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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: ULTA Nasdaq 100 Movers: ULTA
Friday, May 27, 10:55 AM ET
S&P 500 Movers: CHK, ULTA S&P 500 Movers: CHK, ULTA
Friday, May 27, 10:53 AM ET
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Dow Movers: CAT, NKE Dow Movers: CAT, NKE
Friday, May 27, 10:51 AM ET
Nasdaq 100 Movers: NTAP, DLTR Nasdaq 100 Movers: NTAP, DLTR
Thursday, May 26, 10:21 AM ET
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S&P 500 Movers: SIG, DLTR S&P 500 Movers: SIG, DLTR
Thursday, May 26, 10:15 AM ET
Dow Movers: MSFT, WMT Dow Movers: MSFT, WMT
Thursday, May 26, 10:12 AM ET
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Nasdaq 100 Movers: INTU, WDC Nasdaq 100 Movers: INTU, WDC
Wednesday, May 25, 10:21 AM ET
S&P 500 Movers: INTU, HPE S&P 500 Movers: INTU, HPE
Wednesday, May 25, 10:15 AM ET
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Dow Movers: NKE, GS Dow Movers: NKE, GS
Wednesday, May 25, 10:11 AM ET
Nasdaq 100 Movers: ENDP, WDC Nasdaq 100 Movers: ENDP, WDC
Tuesday, May 24, 10:21 AM ET
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S&P 500 Movers: CF, WDC S&P 500 Movers: CF, WDC
Tuesday, May 24, 10:16 AM ET
Dow Movers: NKE, AXP Dow Movers: NKE, AXP
Tuesday, May 24, 10:12 AM ET
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S&P 500 Movers: ROP, MON S&P 500 Movers: ROP, MON
Monday, May 23, 10:24 AM ET
Nasdaq 100 Movers: CTRP, TRIP Nasdaq 100 Movers: CTRP, TRIP
Monday, May 23, 10:22 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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