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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
Nasdaq 100 Movers: AMGN, WYNN Nasdaq 100 Movers: AMGN, WYNN
Monday, May 22, 10:44 AM ET
S&P 500 Movers: AAP, MCK S&P 500 Movers: AAP, MCK
Monday, May 22, 10:44 AM ET
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Dow Movers: WMT, BA Dow Movers: WMT, BA
Monday, May 22, 10:13 AM ET
Nasdaq 100 Movers: AVGO, ADSK Nasdaq 100 Movers: AVGO, ADSK
Friday, May 19, 10:26 AM ET
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S&P 500 Movers: FL, ADSK S&P 500 Movers: FL, ADSK
Friday, May 19, 10:25 AM ET
Dow Movers: NKE, CAT Dow Movers: NKE, CAT
Friday, May 19, 10:24 AM ET
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Nasdaq 100 Movers: CSCO, INCY Nasdaq 100 Movers: CSCO, INCY
Thursday, May 18, 10:34 AM ET
S&P 500 Movers: CSCO, INCY S&P 500 Movers: CSCO, INCY
Thursday, May 18, 10:33 AM ET
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Dow Movers: CSCO, WMT Dow Movers: CSCO, WMT
Thursday, May 18, 10:33 AM ET
Nasdaq 100 Movers: MU, DISH Nasdaq 100 Movers: MU, DISH
Wednesday, May 17, 10:22 AM ET
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S&P 500 Movers: AMD, CL S&P 500 Movers: AMD, CL
Wednesday, May 17, 10:21 AM ET
Dow Movers: GS, UNH Dow Movers: GS, UNH
Wednesday, May 17, 10:20 AM ET
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Nasdaq 100 Movers: NCLH, VOD Nasdaq 100 Movers: NCLH, VOD
Tuesday, May 16, 10:31 AM ET
S&P 500 Movers: SPLS, AMD S&P 500 Movers: SPLS, AMD
Tuesday, May 16, 10:30 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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