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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: HAS, RHT S&P 500 Movers: HAS, RHT
Friday, December 19, 1:21 PM ET
Nasdaq 100 Movers: XLNX, WYNN Nasdaq 100 Movers: XLNX, WYNN
Friday, December 19, 1:19 PM ET
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Dow Movers: NKE, DD Dow Movers: NKE, DD
Friday, December 19, 12:49 PM ET
S&P 500 Movers: CAG, ORCL S&P 500 Movers: CAG, ORCL
Thursday, December 18, 12:48 PM ET
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Nasdaq 100 Movers: BBBY, VIP Nasdaq 100 Movers: BBBY, VIP
Thursday, December 18, 12:48 PM ET
Dow Movers: PG, GS Dow Movers: PG, GS
Thursday, December 18, 12:46 PM ET
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S&P 500 Movers: XL, DO S&P 500 Movers: XL, DO
Wednesday, December 17, 12:45 PM ET
Nasdaq 100 Movers: EXPD, VIP Nasdaq 100 Movers: EXPD, VIP
Wednesday, December 17, 12:45 PM ET
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Dow Movers: CAT, XOM Dow Movers: CAT, XOM
Wednesday, December 17, 12:44 PM ET
S&P 500 Movers: MHK, RRC S&P 500 Movers: MHK, RRC
Tuesday, December 16, 12:57 PM ET
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Nasdaq 100 Movers: VIP, MNST Nasdaq 100 Movers: VIP, MNST
Tuesday, December 16, 12:56 PM ET
Dow Movers: MSFT, BA Dow Movers: MSFT, BA
Tuesday, December 16, 12:50 PM ET
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S&P 500 Movers: F, PETM S&P 500 Movers: F, PETM
Monday, December 15, 1:01 PM ET
Nasdaq 100 Movers: VIP, EXPD Nasdaq 100 Movers: VIP, EXPD
Monday, December 15, 1:00 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 - 2014, All Rights Reserved

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