Mid-Morning Market Update: Markets Plummet on Bad Data, Rite Aid Continues to Rally

Following the market opening Friday, the Dow traded down 0.21 percent to 14,833.98 while the NASDAQ fell 0.40 percent to 3,287.44. The S&P also fell, decreasing 0.47 percent to 1,585.51. Top Headline Two of the big banks, Wells Fargo (NYSE: WFC ) and J.P. Morgan (NYSE: JPM ) released earnings