Mid-Morning Market Update: Markets Go Red, Tesla Projects First-Ever Quarterly Profit

Following the market opening Monday, the Dow traded down 0.12 percent to 14,560.99 while the NASDAQ dropped 0.29 percent to 3,258.18. The S&P also declined, falling 0.28 percent to 1,564.86. Top Headline Tesla Motors (NASDAQ: TSLA ) said that it projects to report its first quarterly profit. The company said sales of