Mid-Afternoon Market Update: Markets Recovering Towards the End of the Session as Dendreon Shares Inexplicably Fall
January 22, 2014 at 15:38 PM EST
Toward the end of trading Wednesday, the Dow traded down 0.20 percent to 16,382.22 while the NASDAQ surged 0.44 percent to 4,244.81. The S&P also rose, gaining 0.10 percent to 1,845.75. Top Headline Coach (NYSE: COH ) reported downbeat fiscal second-quarter profit. Coach's quarterly net income fell to $297.4 million, or