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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 (NYSE: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
Monday 9/15 Insider Buying Report: CAS, AMTGMonday 9/15 Insider Buying Report: CAS, AMTG
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Monday 9/15 Insider Buying Report: NES, WMCMonday 9/15 Insider Buying Report: NES, WMC
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Friday 9/12 Insider Buying Report: TDG, BRXFriday 9/12 Insider Buying Report: TDG, BRX
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S&P 500 Movers: WYNN, HUMS&P 500 Movers: WYNN, HUM
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Nasdaq 100 Movers: WYNN, ALTRNasdaq 100 Movers: WYNN, ALTR
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Dow Movers: UTX, UNHDow Movers: UTX, UNH
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S&P 500 Analyst Moves: CVSS&P 500 Analyst Moves: CVS
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Dow Analyst Moves: VZDow Analyst Moves: VZ
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S&P 500 Analyst Moves: SBUXS&P 500 Analyst Moves: SBUX
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Tuesday Sector Leaders: Metals & Mining, Beverages & WineriesTuesday Sector Leaders: Metals & Mining, Beverages & Wineries
Related symbols: SCOK,SLCA,REED,SODA
Tuesday Sector Laggards: Precious Metals, General Contractors & BuildersTuesday Sector Laggards: Precious Metals, General Contractors & Builders
Related symbols: BAA,PPP,MHO,RYL
Monday Sector Leaders: Music & Electronics Stores, Beverages & WineriesMonday Sector Leaders: Music & Electronics Stores, Beverages & Wineries
Related symbols: RSH,BBY,TAP,DEO
EZU, SMLL: Big ETF OutflowsEZU, SMLL: Big ETF Outflows
Related symbols: EZU,SMLL,MT,RYAAY
EWG, XTL: Big ETF InflowsEWG, XTL: Big ETF Inflows
Related symbols: EWG,XTL,RKUS,EXTR
Tuesday's ETF Movers: ILF, GDXJTuesday's ETF Movers: ILF, GDXJ
Related symbols: PBR.A,ITUB,DRD,MAG.CA,GDXJ,ILF
Daily Dividend Report:  NGPC, CPT, KRC, DEI, UMPQDaily Dividend Report: NGPC, CPT, KRC, DEI, UMPQ
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Daily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHODaily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Related symbols: CPG,IRM,VET,SRE,XEC,ARE,LPT,LHO
Daily Dividend Report: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCRDaily Dividend Report: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCR
Related symbols: INTC,ABT,TJX,BXP,RL,SLG,HUN,CBI,DRI,OCR
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Week Ahead Market Report: September 8, 2014Week Ahead Market Report: September 8, 2014
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Daily Wrap: March 28, 2012 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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