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Daily Market Wrap: April 10, 2012
Tuesday, April 10, 4:26 PM ET

The markets extended their losing streak as we get into the unofficial start of earnings season with Alcoa (NYSE:AA) set to report results after the bell today.

On the economic front, the Commerce Department is reporting that wholesale inventories rose by 0.9 percent in February to a record $478.9 billion, which was more than economists expected.

Meanwhile, the National Federation of Independant Business said that small business confidence fell in March for the first time in six months.

Shares of Supervalu (NYSE:SVU) are trading higher today after the supermarket chain reported earnings which beat expectations and issued a positive outlook for the year.

Electronics giant Best Buy (NYSE:BBY) announced today that CEO Brian Dunn has resigned, after 20 years with the company, which has been struggling lately to keep up with competitors such as Amazon.com.

Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well earnings results from Progressive (NYSE:PGR).

For MarketNewsVideo.com, I'm Sayoko Murase.

Daily Market Wrap: April 10, 2012 picture
S&P 500 Movers: AMZN, VRSN S&P 500 Movers: AMZN, VRSN
Friday, July 25, 12:13 PM ET
Nasdaq 100 Movers: MXIM, BIDU Nasdaq 100 Movers: MXIM, BIDU
Friday, July 25, 12:13 PM ET
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Dow Movers: V, VZ Dow Movers: V, VZ
Friday, July 25, 12:12 PM ET
S&P 500 Movers: TRIP, UA S&P 500 Movers: TRIP, UA
Thursday, July 24, 12:03 PM ET
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Dow Movers: CAT, NKE Dow Movers: CAT, NKE
Thursday, July 24, 12:03 PM ET
S&P 500 Movers: XLNX, ISRG S&P 500 Movers: XLNX, ISRG
Wednesday, July 23, 12:26 PM ET
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Nasdaq 100 Movers: XLNX, ISRG Nasdaq 100 Movers: XLNX, ISRG
Wednesday, July 23, 11:49 AM ET
Dow Movers: BA, GS Dow Movers: BA, GS
Wednesday, July 23, 11:48 AM ET
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S&P 500 Movers: HOG, CMG S&P 500 Movers: HOG, CMG
Tuesday, July 22, 12:27 PM ET
Nasdaq 100 Movers: NFLX, WYNN Nasdaq 100 Movers: NFLX, WYNN
Tuesday, July 22, 12:22 PM ET
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Dow Movers: TRV, INTC Dow Movers: TRV, INTC
Tuesday, July 22, 12:22 PM ET
S&P 500 Movers: BBT, EMC S&P 500 Movers: BBT, EMC
Monday, July 21, 11:23 AM ET
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Nasdaq 100 Movers: VIP, BIDU Nasdaq 100 Movers: VIP, BIDU
Monday, July 21, 11:20 AM ET
Dow Movers: GE, INTC Dow Movers: GE, INTC
Monday, July 21, 11:19 AM ET
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Daily Market Wrap: April 10, 2012  NOW PLAYING
Daily Market Wrap: April 10, 2012
Tuesday, April 10, 4:26 PM ET
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