By: Benzinga
April 08, 2013 at 12:57 PM EDT
Mid-Day Market Update: Lufkin Surges On Acquisition News, Rio Alto Declines
Midway through trading Monday, the Dow traded down 0.35 percent to 14,514.98 while the NASDAQ dropped 0.14 percent to 3,199.44. The S&P also fell, declining 0.11 percent to 1,551.51. Index Technicals: The S&P 500 found support at the 1,540 level on Friday, closing around the 1,550 resistance area, while 1,560 will act
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