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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: DLTR, AVGO Nasdaq 100 Movers: DLTR, AVGO
Thursday, August 27, 10:35 AM ET
S&P 500 Movers: DG, FCX S&P 500 Movers: DG, FCX
Thursday, August 27, 10:33 AM ET
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S&P 500 Movers: SLB, CAM S&P 500 Movers: SLB, CAM
Wednesday, August 26, 12:20 PM ET
S&P 500 Movers: NEM, BBY S&P 500 Movers: NEM, BBY
Tuesday, August 25, 11:16 AM ET
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Nasdaq 100 Movers: INTU, STX Nasdaq 100 Movers: INTU, STX
Friday, August 21, 10:21 AM ET
S&P 500 Movers: INTU, HPQ S&P 500 Movers: INTU, HPQ
Friday, August 21, 10:16 AM ET
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Dow Movers: BA, MRK Dow Movers: BA, MRK
Friday, August 21, 10:15 AM ET
Nasdaq 100 Movers: MU, NTAP Nasdaq 100 Movers: MU, NTAP
Thursday, August 20, 10:22 AM ET
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S&P 500 Movers: MU, LLY S&P 500 Movers: MU, LLY
Thursday, August 20, 10:16 AM ET
Dow Movers: DIS, JNJ Dow Movers: DIS, JNJ
Thursday, August 20, 10:12 AM ET
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S&P 500 Movers: FSLR, TGT S&P 500 Movers: FSLR, TGT
Wednesday, August 19, 10:31 AM ET
Nasdaq 100 Movers: VIP, ADI Nasdaq 100 Movers: VIP, ADI
Wednesday, August 19, 10:30 AM ET
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Dow Movers: UNH, MCD Dow Movers: UNH, MCD
Wednesday, August 19, 10:25 AM ET
Dow Movers: WMT, HD Dow Movers: WMT, HD
Tuesday, August 18, 10:32 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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