Mid-Morning Market Update: Markets Spike Higher, JC Penney Drops On Stock Sale Report
Posted on March 05, 2013 at 10:27 AM EST
Following the market opening Tuesday, the Dow traded up 0.70 percent to 14,226.74 while the NASDAQ rose 0.88 percent to 3,209.98. The S&P also rose, gaining 0.74 percent to 1,536.52. Index Technicals: The S&P 500 will attempt to take out its 1,531 resistance today after breaking out over its 1,525 intraday resistance. The