Mid-Morning Market Update: Markets Open Higher, Costco Posts Upbeat Profit

Following the market opening Thursday, the Dow traded up 0.53 percent to 15,383.64, while the NASDAQ rose 0.59 percent to 3,487.82. The S&P was also up, gaining 0.49 percent to 1,656.36. Top Headline Costco Wholesale (NASDAQ: COST ) reported a rise in its fiscal third-quarter net profit. Costco's quarterly profit climbed to