Mid-Day Market Update: Dow Jumps More Than 1%; Apple Shares Drop

Midway through trading Monday, the Dow traded up 1.06 percent to 15,538.60 while the NASDAQ surged 0.37 percent to 3,736.10. The S&P also rose, gaining 0.92 percent to 1,703.46. Top Headline Packaging Corp of America (NYSE: PKG ) announced its plans to acquire Boise (NYSE: BZ )