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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: TSLA, NVDA Nasdaq 100 Movers: TSLA, NVDA
Monday, February 27, 10:31 AM ET
S&P 500 Movers: AES, TGNA S&P 500 Movers: AES, TGNA
Monday, February 27, 10:30 AM ET
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Dow Movers: MSFT, CVX Dow Movers: MSFT, CVX
Monday, February 27, 10:29 AM ET
Nasdaq 100 Movers: BIDU, INCY Nasdaq 100 Movers: BIDU, INCY
Friday, February 24, 10:21 AM ET
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S&P 500 Movers: SWN, FL S&P 500 Movers: SWN, FL
Friday, February 24, 10:16 AM ET
Dow Movers: CAT, NKE Dow Movers: CAT, NKE
Friday, February 24, 10:14 AM ET
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Nasdaq 100 Movers: NVDA, SHPG Nasdaq 100 Movers: NVDA, SHPG
Thursday, February 23, 10:26 AM ET
S&P 500 Movers: LB, FSLR S&P 500 Movers: LB, FSLR
Thursday, February 23, 10:16 AM ET
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Dow Movers: GS, CVX Dow Movers: GS, CVX
Thursday, February 23, 10:15 AM ET
Nasdaq 100 Movers: TRIP, NCLH Nasdaq 100 Movers: TRIP, NCLH
Wednesday, February 22, 10:20 AM ET
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S&P 500 Movers: NFX, GRMN S&P 500 Movers: NFX, GRMN
Wednesday, February 22, 10:17 AM ET
Dow Movers: INTC, WMT Dow Movers: INTC, WMT
Wednesday, February 22, 10:10 AM ET
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Nasdaq 100 Movers: KHC, MDLZ Nasdaq 100 Movers: KHC, MDLZ
Tuesday, February 21, 10:21 AM ET
S&P 500 Movers: FCX, SNI S&P 500 Movers: FCX, SNI
Tuesday, February 21, 10:17 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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