By: Benzinga
Mid-Afternoon Market Update: Nam Tai Plummets as SINA Rises
Toward the end of trading Monday, the Dow traded up 0.72 percent to 14,818.76 while the NASDAQ gained 0.86 percent to 3,307.75. The S&P also rose, surging 0.74 percent to 1,593.39. Top Headline Loews (NYSE: L ) reported a 34% drop in its first-quarter earnings. Loews' quarterly profit declined to $242 million,
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