Mid-Morning Market Update: Markets Surge; Chevron Posts Lower Profit

Following the market opening Friday, the Dow traded up 0.53 percent to 15,628.01 while the NASDAQ gained 0.36 percent to 3,933.77. The S&P also rose, surging 0.36 percent to 1,762.94. Top Headline Chevron (NYSE: CVX ) reported a 5.8 percent drop in its third-quarter earnings. Chevron's quarterly profit fell