Mid-Day Market Update: Dow Jumps 120 Points; Fastenal Shares Drop On Downbeat Earnings

Midway through trading Wednesday, the Dow traded up 0.74 percent to 16,494.56 while the NASDAQ surged 0.64 percent to 4,209.83. The S&P also rose, gaining 0.50 percent to 1,848.10. Top Headline Bank of America (NYSE: BAC ) reported a strong rise in its fourth-quarter profit. Bank of America's