Mid-Afternoon Market Update: Markets Remain Down as Allergan Continues to Fall

Toward the end of trading Wednesday, the Dow traded down 0.87 percent to 14,710.49 while the NASDAQ declined 0.83 percent to 3,301.88. The S&P also fell, dropping 0.87 percent to 1,583.04. Index Technicals: The S&P 500 is stalling once again, hitting its 1,597 highs with 1,575 acting as support below that. Next up,