Mid-Afternoon Market Update: NII Holdings Drops as the NASDAQ Continues to Surge

Toward the end of trading Thursday, the Dow traded up 0.83 percent to 14,823.01 while the NASDAQ surged 1.29 percent to 3,341.22. The S&P also rose, gaining 0.90 percent to 1,596.70. Index Technicals: The S&P 500 rejected its 1,597 highs and headed lower to test its 1,575 support which lies on the