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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
S&P 500 Movers: ROP, MON S&P 500 Movers: ROP, MON
Monday, May 23, 10:24 AM ET
Nasdaq 100 Movers: CTRP, TRIP Nasdaq 100 Movers: CTRP, TRIP
Monday, May 23, 10:22 AM ET
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Dow Movers: XOM, AAPL Dow Movers: XOM, AAPL
Monday, May 23, 10:12 AM ET
Nasdaq 100 Movers: ROST, AMAT Nasdaq 100 Movers: ROST, AMAT
Friday, May 20, 10:32 AM ET
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S&P 500 Movers: CPB, AMAT S&P 500 Movers: CPB, AMAT
Friday, May 20, 10:26 AM ET
Dow Movers: MCD, INTC Dow Movers: MCD, INTC
Friday, May 20, 10:21 AM ET
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S&P 500 Movers: CHK, URBN S&P 500 Movers: CHK, URBN
Thursday, May 19, 10:17 AM ET
Dow Movers: GS, WMT Dow Movers: GS, WMT
Thursday, May 19, 10:12 AM ET
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S&P 500 Movers: TGT, MU S&P 500 Movers: TGT, MU
Wednesday, May 18, 10:25 AM ET
Nasdaq 100 Movers: COST, CHTR Nasdaq 100 Movers: COST, CHTR
Wednesday, May 18, 10:24 AM ET
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Dow Movers: WMT, JPM Dow Movers: WMT, JPM
Wednesday, May 18, 10:20 AM ET
Nasdaq 100 Movers: ALXN, STX Nasdaq 100 Movers: ALXN, STX
Tuesday, May 17, 10:21 AM ET
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S&P 500 Movers: ABBV, URI S&P 500 Movers: ABBV, URI
Tuesday, May 17, 10:16 AM ET
Dow Movers: HD, DIS Dow Movers: HD, DIS
Tuesday, May 17, 10:12 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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