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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: GILD, TMUS Nasdaq 100 Movers: GILD, TMUS
Monday, August 29, 10:23 AM ET
S&P 500 Movers: HOG, KLAC S&P 500 Movers: HOG, KLAC
Monday, August 29, 10:18 AM ET
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Dow Movers: NKE, CSCO Dow Movers: NKE, CSCO
Monday, August 29, 10:16 AM ET
Nasdaq 100 Movers: ULTA, ADSK Nasdaq 100 Movers: ULTA, ADSK
Friday, August 26, 10:52 AM ET
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S&P 500 Movers: ULTA, ADSK S&P 500 Movers: ULTA, ADSK
Friday, August 26, 10:51 AM ET
Dow Movers: NKE, INTC Dow Movers: NKE, INTC
Friday, August 26, 10:48 AM ET
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Nasdaq 100 Movers: DLTR, MU Nasdaq 100 Movers: DLTR, MU
Thursday, August 25, 11:01 AM ET
S&P 500 Movers: SIG, TIF S&P 500 Movers: SIG, TIF
Thursday, August 25, 10:59 AM ET
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Dow Movers: AAPL, CSCO Dow Movers: AAPL, CSCO
Thursday, August 25, 10:54 AM ET
Nasdaq 100 Movers: INTU, INCY Nasdaq 100 Movers: INTU, INCY
Wednesday, August 24, 10:28 AM ET
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S&P 500 Movers: INTU, MNK S&P 500 Movers: INTU, MNK
Wednesday, August 24, 10:25 AM ET
Dow Movers: PG, CSCO Dow Movers: PG, CSCO
Wednesday, August 24, 10:24 AM ET
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Nasdaq 100 Movers: MYL, AMAT Nasdaq 100 Movers: MYL, AMAT
Tuesday, August 23, 10:22 AM ET
S&P 500 Movers: SJM, BBY S&P 500 Movers: SJM, BBY
Tuesday, August 23, 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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