Mid-Morning Market Update: Markets Edge Higher; Shire To Acquire ViroPharma For $4.2B

Following the market opening Monday, the Dow traded up 0.13 percent to 15,781.64 while the NASDAQ surged 0.06 percent to 3,921.71. The S&P also rose, gaining 0.09 percent to 1,772.17. Top Headline Shire plc (NASDAQ: SHPG ) announced its plans to buy ViroPharma (NASDAQ: VPHM ) for $4.2 billion. Shire