Mid-Morning Market Update: Markets Surge, Target Posts Lower Profit

Following the market opening Wednesday, the Dow traded up 0.55 percent to 15,472.44, while the NASDAQ rose 0.52 percent to 3,520.40. The S&P was also up, gaining 0.59 percent to 1,678.95. Top Headline Target (NYSE: TGT ) reported a drop in its first-quarter profit. Target's quarterly profit declined to $498 million, or