Mid-Morning Market Update: Markets Open Higher, FedEx Profit Misses Estimates

Following the market opening Wednesday, the Dow traded up 0.46 percent to 14,522.54 while the NASDAQ gained 0.51 percent to 3,245.53. The S&P also rose, climbing 0.52 percent to 1,556.42. Index Technicals: The S&P 500 looks set to find support at the 1,540 level, with 1,560 as resistance above. The Dow seems to