Mid-Morning Market Update: Markets Open Higher, MasterCard Profit Tops Estimates

Following the market opening Wednesday , the Dow traded up 0.36 percent to 15,575.92 while the NASDAQ surged 0.51 percent to 3,634.82. The S&P also rose, gaining 0.36 percent to 1,692.04. Top Headline MasterCard (NYSE: MA ) reported a better-than-expected second-quarter profit. MasterCard's quarterly profit surged to $848 million, or $6.96 per