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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: CELG, PYPL Nasdaq 100 Movers: CELG, PYPL
Friday, October 20, 10:21 AM ET
S&P 500 Movers: CELG, PYPL S&P 500 Movers: CELG, PYPL
Friday, October 20, 10:17 AM ET
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Dow Movers: GE, CSCO Dow Movers: GE, CSCO
Friday, October 20, 10:11 AM ET
Nasdaq 100 Movers: CTRP, ADBE Nasdaq 100 Movers: CTRP, ADBE
Thursday, October 19, 10:21 AM ET
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S&P 500 Movers: GPC, ADBE S&P 500 Movers: GPC, ADBE
Thursday, October 19, 10:15 AM ET
Dow Movers: AAPL, VZ Dow Movers: AAPL, VZ
Thursday, October 19, 10:11 AM ET
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Nasdaq 100 Movers: EA, MU Nasdaq 100 Movers: EA, MU
Wednesday, October 18, 10:20 AM ET
S&P 500 Movers: COTY, IBM S&P 500 Movers: COTY, IBM
Wednesday, October 18, 10:19 AM ET
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Dow Movers: BA, IBM Dow Movers: BA, IBM
Wednesday, October 18, 10:18 AM ET
Nasdaq 100 Movers: STX, ULTA Nasdaq 100 Movers: STX, ULTA
Tuesday, October 17, 10:23 AM ET
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S&P 500 Movers: COTY, IPG S&P 500 Movers: COTY, IPG
Tuesday, October 17, 10:17 AM ET
Dow Movers: GS, UNH Dow Movers: GS, UNH
Tuesday, October 17, 10:17 AM ET
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Nasdaq 100 Movers: JBHT, WYNN Nasdaq 100 Movers: JBHT, WYNN
Monday, October 16, 10:25 AM ET
S&P 500 Movers: PCG, FCX S&P 500 Movers: PCG, FCX
Monday, October 16, 10:16 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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