Mid-Morning Market Update: Markets Mixed; Coach Profit Misses Street View

Following the market opening Wednesday, the Dow traded down 0.19 percent to 16,383.07 while the NASDAQ surged 0.12 percent to 4,230.82. The S&P also rose, gaining 0.02 percent to 1,844.15. Top Headline Coach (NYSE: COH ) reported downbeat fiscal second-quarter profit. Coach's quarterly net income fell to $297.4 million, or $1.06