Mid-Morning Market Update: Markets Open Lower; Macy's Posts Upbeat Profit

By: Benzinga
Following the market opening Wednesday, the Dow traded down 0.39 percent to 15,690.05 while the NASDAQ dropped 0.30 percent to 3,908.28. The S&P also fell, declining 0.26 percent to 1,763.14. Top Headline Macy's (NYSE: M ) reported a rise in its third-quarter profit. Macy's quarterly profit surged to
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