Mid-Morning Market Update: Markets Mostly Lower, GM Posts Upbeat Profit

Following the market opening Thursday, the Dow traded down 0.39 percent to 15,480.91 while the NASDAQ rose 0.09 percent to 3,582.68. The S&P also fell, declining 0.16 percent to 1,683.32. Top Headline General Motors Co (NYSE: GM ) reported a better-than-expected Q2 profit. GM's quarterly earnings dropped to $1.2 billion, or $0.75