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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: INCY, WDC Nasdaq 100 Movers: INCY, WDC
Wednesday, December 7, 10:23 AM ET
S&P 500 Movers: MYL, WDC S&P 500 Movers: MYL, WDC
Wednesday, December 7, 10:16 AM ET
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Dow Movers: PFE, WMT Dow Movers: PFE, WMT
Wednesday, December 7, 10:15 AM ET
Nasdaq 100 Movers: ISRG, NFLX Nasdaq 100 Movers: ISRG, NFLX
Tuesday, December 6, 10:20 AM ET
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S&P 500 Movers: CMG, WYNN S&P 500 Movers: CMG, WYNN
Tuesday, December 6, 10:17 AM ET
Dow Movers: NKE, VZ Dow Movers: NKE, VZ
Tuesday, December 6, 10:10 AM ET
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S&P 500 Movers: UNH, RRC S&P 500 Movers: UNH, RRC
Monday, December 5, 10:32 AM ET
Nasdaq 100 Movers: FOXA, PCAR Nasdaq 100 Movers: FOXA, PCAR
Monday, December 5, 10:29 AM ET
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Dow Movers: UNH, NKE Dow Movers: UNH, NKE
Monday, December 5, 10:26 AM ET
S&P 500 Movers: ADS, EBAY S&P 500 Movers: ADS, EBAY
Friday, December 2, 10:22 AM ET
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Nasdaq 100 Movers: SBUX, EBAY Nasdaq 100 Movers: SBUX, EBAY
Friday, December 2, 10:21 AM ET
Dow Movers: GS, HD Dow Movers: GS, HD
Friday, December 2, 10:18 AM ET
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Nasdaq 100 Movers: QCOM, TSCO Nasdaq 100 Movers: QCOM, TSCO
Thursday, December 1, 10:51 AM ET
S&P 500 Movers: DG, SWN S&P 500 Movers: DG, SWN
Thursday, December 1, 10:18 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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