Mid-Morning Market Update: Markets Fall, Brown-Forman Posts Higher Profit

Following the market opening Wednesday, the Dow traded down 0.23 percent to 15,142.59, while the NASDAQ fell 0.08 percent to 3,442.41. The S&P was also down, dropping 0.18 percent to 1,628.50. Top Headline Brown-Forman (NYSE: BFB ) reported an 8% rise in its fiscal fourth-quarter profit. Brown-Forman's quarterly profit surged to $113