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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: SHPG, ROST Nasdaq 100 Movers: SHPG, ROST
Friday, August 18, 10:21 AM ET
S&P 500 Movers: FL, ROST S&P 500 Movers: FL, ROST
Friday, August 18, 10:18 AM ET
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Dow Movers: NKE, GS Dow Movers: NKE, GS
Friday, August 18, 10:11 AM ET
Nasdaq 100 Movers: JD, ORLY Nasdaq 100 Movers: JD, ORLY
Thursday, August 17, 10:21 AM ET
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S&P 500 Movers: LB, URI S&P 500 Movers: LB, URI
Thursday, August 17, 10:20 AM ET
Dow Movers: CSCO, MRK Dow Movers: CSCO, MRK
Thursday, August 17, 10:11 AM ET
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Nasdaq 100 Movers: AMZN, NTES Nasdaq 100 Movers: AMZN, NTES
Wednesday, August 16, 10:21 AM ET
Dow Movers: AAPL, UTX Dow Movers: AAPL, UTX
Wednesday, August 16, 10:16 AM ET
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S&P 500 Movers: AMD, FCX S&P 500 Movers: AMD, FCX
Wednesday, August 16, 10:16 AM ET
Nasdaq 100 Movers: TSCO, WYNN Nasdaq 100 Movers: TSCO, WYNN
Tuesday, August 15, 10:24 AM ET
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S&P 500 Movers: AAP, WYNN S&P 500 Movers: AAP, WYNN
Tuesday, August 15, 10:20 AM ET
Dow Movers: HD, AXP Dow Movers: HD, AXP
Tuesday, August 15, 10:19 AM ET
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Nasdaq 100 Movers: JD, MU Nasdaq 100 Movers: JD, MU
Monday, August 14, 10:24 AM ET
S&P 500 Movers: NEM, AMD S&P 500 Movers: NEM, AMD
Monday, August 14, 10:24 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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