Mid-Afternoon Market Update: MannKind Posts Huge Rally as Markets Plummet

Toward the end of trading Wednesday, the Dow traded down 0.72 percent to 15,276.86, while the NASDAQ fell 1.53 percent to 3,448.99. The S&P was also down, falling 1.14 percent to 1,650.98. Top Headline Target (NYSE: TGT ) reported a drop in its first-quarter profit. Target's quarterly profit declined to $498 million,