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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, NCLH Nasdaq 100 Movers: GILD, NCLH
Tuesday, September 27, 10:22 AM ET
S&P 500 Movers: CHK, LUV S&P 500 Movers: CHK, LUV
Tuesday, September 27, 10:16 AM ET
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Dow Movers: UNH, IBM Dow Movers: UNH, IBM
Tuesday, September 27, 10:12 AM ET
Nasdaq 100 Movers: NTES, WDC Nasdaq 100 Movers: NTES, WDC
Monday, September 26, 10:22 AM ET
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S&P 500 Movers: MNK, RIG S&P 500 Movers: MNK, RIG
Monday, September 26, 10:16 AM ET
Dow Movers: PFE, AAPL Dow Movers: PFE, AAPL
Monday, September 26, 10:11 AM ET
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Nasdaq 100 Movers: ALXN, BMRN Nasdaq 100 Movers: ALXN, BMRN
Friday, September 23, 10:21 AM ET
S&P 500 Movers: CRM, ENDP S&P 500 Movers: CRM, ENDP
Friday, September 23, 10:16 AM ET
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Dow Movers: TRV, DD Dow Movers: TRV, DD
Friday, September 23, 10:10 AM ET
Nasdaq 100 Movers: BMRN, BBBY Nasdaq 100 Movers: BMRN, BBBY
Thursday, September 22, 10:38 AM ET
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S&P 500 Movers: LVLT, RHT S&P 500 Movers: LVLT, RHT
Thursday, September 22, 10:36 AM ET
Dow Movers: V, UTX Dow Movers: V, UTX
Thursday, September 22, 10:34 AM ET
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Nasdaq 100 Movers: NFLX, ADBE Nasdaq 100 Movers: NFLX, ADBE
Wednesday, September 21, 10:21 AM ET
S&P 500 Movers: NFLX, ADBE S&P 500 Movers: NFLX, ADBE
Wednesday, September 21, 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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