Mid-Morning Market Update: Markets Gain, Children's Place Issues Weak Outlook
March 26, 2013 at 10:34 AM EDT
Following the market opening Tuesday, the Dow traded up 0.57 percent to 14,530.23 while the NASDAQ gained 0.39 percent to 3,250.05. The S&P also rose, gaining 0.50 percent to 1,559.45. Top Headline Children's Place Retail Stores (NASDAQ: PLCE ) issued a downbeat first-quarter view. Children's Place expected Q1 profit of $0.60