Mid-Morning Market Update: Markets Rise; General Motors Earnings Miss Estimates

Following the market opening Thursday, the Dow traded up 0.54 percent to 15,524.23 while the NASDAQ surged 0.70 percent to 4,039.79. The S&P also rose, gaining 0.56 percent to 1,761.41. Top Headline General Motors Co (NYSE: GM ) reported a 13% drop in its fourth-quarter profit. GM's quarterly profit